The SPF To Sell 1.74% Stake In Kryvorizhstal.
23 December 2008
Valentina Semenyuk, the head of the State Property Fund (SPF), revealed that sale of the remaining 1.74% shares of Kryvorizhstal (KSTL: BUY) will be considered in Feb 2006. Concorde Capital: We estimate that the stake may be sold for ~USD 55 mln implying a MCap of USD 3.16 bln.
