Press releases
Further to the announcement of January 5th, 2006, OJSC Novolipetsk Steel (LSE: NLMK) has completed the acquisition of DanSteel A/S, the Danish steel manufacturer, for USD104 million. As previously stated, the deal was financed in full from NLMK’s existing cash funds.
Further to the announcement on December 30th, 2005, OJSC Novolipetsk Steel, NLMK (LSE: NLMK) has completed the sale of its 12% interest (2,336,867 ordinary shares) in Lebedinsky GOK to CJSC "OEMK-Invest". As stated earlier, the deal is valued at USD 400 million in cash. This disposal is in line with NLMK's strategy of managing actively its asset portfolio.
OJSC Novolipetsk Steel, NLMK (LSE: NLMK) today announced that it has agreed to acquire DanSteel A/S (“DanSteel”), the Danish steel manufacturer, for USD104 million. The acquisition is to be financed in full from NLMK’s existing cash funds.
