- Home
- Media
- Press releases
- Novolipetsk Steel (NLMK) completes acquisition
4 April 2006
Novolipetsk Steel (NLMK) completes acquisition
Further to the announcement of March 29th, 2006, OJSC Novolipetsk Steel (LSE: NLMK) has completed the acquisition of an 82% interest in "Altai-koks", coke-chemical plant, and a 100% interest in holding company Kuzbass Asset Holdings Limited, Gibraltar, which owns 100% of interest in "Prokopievskugol" Coal Company for about USD 750 million. As previously stated, the deal was financed in full from NLMK’s existing cash funds.
Subscribe for updates
You must accept the terms of this Privacy Policy.