Evraz Group | 19 February 2008 г. | 11:16

Evraz Enters into a Share Purchase Agreement to Acquire up to 51 per cent of Delong Holdings Limited

Evraz Enters into a Share Purchase Agreement to Acquire up to 51 per cent of Delong Holdings Limited
Evraz Group S.A. announced that it has entered into a Share Purchase Agreement (the “Agreement”) with Best Decade Holdings Limited (“Best Decade”) and the shareholders of Best Decade, to acquire from Best Decade up to approximately 51 per cent of the issued share capital of Delong Holdings Limited (“Delong”) over an agreed period of time. This transaction is subject to anti-trust clearance by the Ministry of Commerce (“MOFCOM”) and the State Administration of Industry and Commerce (“SAIC”) of the People’s Republic of China (the “PRC”).
Source: Metal Supply and Sales
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