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The SPF Gives Kryvorizhstal Tender Information To 4 Bidders.

The SPF Gives Kryvorizhstal Tender Information To 4 Bidders.

30 August 2008

The State Property Fund (SPF) did not unveil the names of the bidders saying that the agreement with the potential buyers has a confidentiality clause. The SPF announced on Aug 29 that the bidders already received full documentation regarding the future tender on Kryvorizhstal (KRST: HOLD) and permission to visit the enterprise before the auction. Previously, Arcelor, Mittal Steel, Privatbank group and Germany?s RSJ Erste announced their intention to participate in the tender. Russia?s Severstal and EvrazHolding have also studied the possibility of taking part in the tender.

 

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