09 June 2004 11:47 Ukraine announces contenders for Krivorozhstal KYIV. June 9 (Interfax-Ukraine) - Ukraine's State Property Fund has announced the companies that bid for a
93.02% stake in Krivorozhstal, Ukraine's biggest iron and steel mill.
The Fund told Interfax that bids were made by Industrial- Metallurgical Union (Kyiv), OOO Partner (Zakarpatye
region), Russia's Severstal and Nizhny Tagil Metallurgical Combine, Ispat Bugillya Consortium (Kyiv) and
Ukraine's Industrial Group.
The results of the tender will be announced on June 14.
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The Ispat Bugillya Consortium represents LNM Group, U.S. Steel Corporation, Ispat Karmet (Kazakhstan) and Ispat
Polska Stal (the two latter companies are part of LNM Holdings).
Severstal is acting on behalf of the consortium: Arcelor, Severstal and Severstal North America.
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[Interfax] |