Evraz to pay $2-2.2 billion for Ukrainian assets

Thursday, 13 December 2007 11:27:33 (GMT+3)   |  

Following the announcement by Russian steel and iron ore producer Evraz Group (Evraz) of its acquisition of a number of Ukrainian assets (for more details see Evraz expands to Ukraine), the company today further announced that it will pay in the range of $2-2.2 billion, including approximately $1 billion in cash, for these assets.

The final consideration payable for the Ukrainian assets will be decided and approved by the company's BoD.


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