According to the ARCELORMITTAL press service, the world's largest metallurgical company was from a share in the Turkish Metallurgical Plant Eregli Demir Ve Celik Fabrikalari Tas (Erdemir) for $ 267 million.
It was for so much that the 6 percent stake in Erdemir was sold. As a result, the share of Arcelormittal in the Turkish asset decreased to 12.08 percent.
The organizer of the transaction is the Citigroup Global Markets limited.
According to the report, Arcelormittal agreed to a 180-day ban on selling the rest of the share in the project.
Erdemir in January-June 2013, compared with the same period, 2012 increased the volume of flat rental production by 13.4 percent.
Erdemir in the second quarter of 2013 increased net profit to 316 million Turkish lire ($ 162.3 million). A year earlier, this indicator was estimated at the level of 95.22 million lire. Corporation sales increased by 11.4 percent, reaching 2.61 billion lire
ArcelorMittal got rid of a stake in the Turkish Mammage Plant
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Azovpromstal® 8 October 2013 г. 17:26 |
