Mechel (MTL) Selling Stake in Vanino Sea Trade Port OAO
Posted in the Denver Forum
Since: Sep 13
#1 Oct 29, 2013
(CRWE Press Release) Mechel OAO (NYSE:MTL), an international mining and steel company which employs over 80,000 people, reported 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*).
Full Press release at http://crwepressrelease.com/1351/news-by-coun...
“Taste great in milk!”
Since: Aug 08
#2 Oct 29, 2013
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