Home
/
News
/

Posco bows out of Zaporizhstal bidding

Posco bows out of Zaporizhstal bidding

24 June 2010

South Korea’s Posco announced yesterday in a statement that it was no longer carrying out negotiations to purchase a controlling stake in Ukraine’s Zaporizhstal (UX: ZPST UK). A 96.7% stake in Zaporizhstal has reportedly been shopped around for several months; besides Posco, Metinvest, ArcelorMittal and Severstal have been rumored to be interested in the Ukrainian steel mill.

Latest News

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...