Severstal acquires the Lucchini family’s stake in Lucchini SpA

Severstal acquires the Lucchini familil’s stake in Lucchini SpA
OAO Severstal (LSE: SVST; RTS: CHMF), one of the world’s leading steel and mining companies, with key assets in Russia, the US and Europe, and the Lucchini family announced that Severstal had acquired the family’s 20.2 percent stake in Lucchini SpA. Following the transaction Severstal now owns 100 percent of the Lucchini SpA, reported the press-service of Severstal.
OAO Severstal (LSE: SVST; RTS: CHMF), one of the world’s leading steel and mining companies, with key assets in Russia, the US and Europe. Company’s shares are presented on RTS, MMVB and the London Stock Exchange.
It consists of 3 divisions:
Severstal Russian steel
Severstal International
Severstal resource
In 2009 according to the Metal Bulletin rating Severstal retained the status one of the largest companies of the CIS in volume of production.