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Evrazholding Drops Out Of Kryvorizhstal Bidding.

Evrazholding Drops Out Of Kryvorizhstal Bidding.

14 October 2008

The group did not explain in detail the reasons for its decision. It only referred to their analysis, which showed that the investment would not provide an adequate return for Evrazholding?s shareholders. Eleven companies still remain on the list of potential bidders for Kryvorizhstal (KSTL: BUY).

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