Mechel OAO (NYSE:MTL) Selling Stake i...

Mechel OAO (NYSE:MTL) Selling Stake in Vanino Sea Trade Port OAO

Posted in the Nashville Forum

Since: Sep 13

Las Vegas, NV

#1 Oct 29, 2013
Moscow, Russia – October 29, 2013 -(CRWE Press Release)– Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports the sale of a 28-percent share in Vanino Sea Trade Port OAO’s equity capital.

Mechel Group, as represented by Mecheltrans OOO, sold some 28% of the port’s equity capital to an outside investor, retaining a minor share package for itself. The transaction amounted to 5.04 billion rubles (approximately 158.43 million US dollars*).

*Based upon the Russian Central Bank exchange rate of 31,8119 RUB/USD as of October 29, 2013.

Full press release at http://crwepressrelease.com/1351/news-by-coun...

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Nashville Discussions

Title Updated Last By Comments
doctors and pain clinics beware of cindy kay am... 9 hr Fed Up 1
Hottest local news anchor.... (Feb '11) 11 hr Isacc 2,512
C.O.C. or The Confederation of Clubs (Jun '10) 15 hr Skinz1026 36
Prisoner Transportation Services LLC is a Disgrace (Aug '09) 23 hr Disgusted 335
milfs lonely women (Sep '12) Thu Jay 78
Review: Ilovekickboxing - Nashville Thu Gevans89 3
dee henry-jenkins (Jan '10) Thu ladyann 10
More from around the web

Personal Finance

Nashville Mortgages