The State Property Fund of Ukraine (SPFU) has decided to sell off the state's last 0.1 percent stake in ArcelorMittal Kriviy Rih, a Ukraine-based subsidiary of steel giant ArcelorMittal.
Accordingly, a total of 3.86 million of shares are to be sold. The sales are scheduled to be carried out on September 16 2009, at Ukrainian Interbank Currency Exchange.
Ukraine's government retained the 0.1 percent stake in ArcelorMittal Kriviy Rih after it sold 1.6 percent of its shares in the plant at exchanges from November 2006 to April 2007.