Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Mechel May Trade Asset for Cash to Glencore
14.03.2013 22:50
Mechel May Trade Asset for Cash to Glencore
Photo Credit:

Glencore may purchase one of Mechel’s ferroalloy assets in Kazakhstan, Bloomberg cites anonymous sources as saying.

      Mechel needs cash to cut its net debt of $9.3 billion while Glencore seeks to expand its presence on the Kazakh market.

      According to Bloomberg, one of the most likely assets to be sold is Eurasian Natural Resources Corp.

      The agreement has not been reached yet.  

Author: Mikhail Vesely

Tags: Mechel Russian metallurgy companies    

Next Previous

You might also find interesting:

Comment on our site

RSS   twitter      submit

Russian Cinema  Boris Grebenshchikov  Russian companies  Russian business  Russia international  Moscow  Military Satellites  Pyaterochka   Russian legislation  Cyril-Belozersky Monastery  computing  Russian oil and gas producers  Republic of Bashkortostan  Mike Naumenko  Chelyabinsk meteorite  Kronotskoye Lake  Exhibitions in Moscow  Krasnodar region  Shopping in Kazan  Irina Bogacheva   Nikolai Tsiskaridze  Vologda House Museum  odd news  Unusual Monuments  Russian sports  Nikolai Klyuev  Russian science  environment  Tchaikovsky Concert Hall  Russian economy  EU sanctions  Mercedes-Benz Fashion Week Russia  Patriarshiy Garden  Taimyr  the Crimea  Irkutsk Region  Russian singers  Russian children  Russian scientists  St. Petersburg  All Events  Russian tourism  Helena Blavatsky  Vladimir Vysotsky  Samara Region  Russian Photographers  Romanovs Dynasty  Zelenograd  fashion designer  Russian Wooden Architecture 

Travel Blogs
Top Traveling Sites