Archive for November 21st, 2005
Russian Steel Group to “float” on LSE
Novolipesk is Russia’s third biggest steel firmRussian steel group Novolipetsk is this week expected to announce plans to list on the London Stock Exchange.According to media reports, some 10% of its shares are to be listed, raising £600m ($1bn).
Russia’s third biggest steelmaker, Novolipetsk is 90% owned by its chairman, tycoon Vladimir Lisin, who started out [...]
Posted: November 21st, 2005 under Steel.
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