Tuesday, October 26, 2010

Sale of 20% Stake In Metalloinvest

 Junior partner in the iron-holding Metalloinvest - Vasily Anisimov - is lookig for a buyer for his 20 per cent of the company, the newspaper 'Vedomosti" reported. He has discussed with his partners the package sale, and has not met opposition.


Anisimov could theoretically sell its stake worth about $ 4 billion in planned for 2011 IPO of 20-30 percent stake in Metalloinvest, combining, among other things, Lebedinsky and Mikhailovsky GOK, Oskol Electric Steel Works and Ural Steel.


Anisimov, according to the newspaper, is engaged in development - assets are consolidated in Coalco International, major projects of which are "The Great Domodedovo" airport and business center," White Square ", and also it owns 11 companies of the former Rosspirtprom, including Moscow's Kristall distillery plant.

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