Zaporizhstal sold to Russian investors led by VEB - Report
219 times viewed.
Tuesday, 01 Jun 2010
Interfax reported that steel maker OJSC Zaporizhstal has been sold to a group of Russian investors represented by Vnesheconombank.
According to the Internet publication Ukrainskaya Pravda, the price tag on the deal was USD 1.7 billion with the sellers rejecting an earlier USD 50 million down payment by the major Ukrainian financial and industrial holding SKM Mr Rinat Akhmetov and agreeing to pay a fine of USD 50 million for having done so.
(Sourced from Interfax)
