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GISMETEO.RU
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Evraz Group to pay over $3b for metallurgical sector acquisitions
Journal Staff Report

KIEV, Dec. 12 - Evraz Group is to pay over $3 billion in cash and shares for the purchase of a 99.25% stake in Sukha Balka GOK, a 95.57% stake in Dnipropetrovsk Petrovsky Metallurgical Plant, a 93.74% stake in Bahleikoks coking plant, a 98.65% stake in Dniprokoks coking plant and a 93.83% stake in Dniprodzherzhynsk coking and chemical plant, PrivatBank First Deputy Chairman Timur Novikov has said in the Ukrainian mass media.

"The deal is closed. Shareholders in the Ukrainian plants, which were sold, received payment partially in money and [the rest in] Evraz shares," reads the Ekonomicheskie Izvestia newspaper, which published Novikov's interview on Wednesday.




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