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THE RUSSIAN FUND OF THE FEDERAL PROPERTY HAS SOLD THE STATE SHARE HOLDING OF OAO "MAGNITOGORSKIY METALLURGICAL COMPLEX" (MMC)
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A&G Information Services
01-05-2005
THE RUSSIAN FUND OF THE FEDERAL PROPERTY HAS SOLD THE STATE SHARE HOLDING OF OAO "MAGNITOGORSKIY METALLURGICAL COMPLEX" (MMC)
ST.PETERSBURG, RUSSIA, Jan 05, 2005 (A&G News via COMTEX) -- There was no struggle at the auction. Metallurgical companies, pretending on this share holding, gave the pass to the management of the MMC before the auction. The share holding was sold for its starting price $790,15 million. 12 companies, presenting interests of the three pretenders: management of the MMC, OAO the "Steel group Mechel", already owning 15,7% ...
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