Novolipetskiy metallurgicheskiy kombinat OAO Wins Tender for 35.59% Stake in NSMMZ OAO-Information-Publishing Service Metal Supply & Sales


Thursday, 7 Feb 2013 07:00pm EST 

Information-Publishing Service Metal Supply & Sales reported that Novolipetskiy metallurgicheskiy kombinat OAO, on February 7, 2013, has won a tender for a 35.59% stake in NSMMZ OAO (Nizhneserginskiy metizno-metallurgicheskiy zavod OAO). Following this, the Company has increased its stake in NSMMZ OAO to 92.59%. The total price of the acquisition of NSMMZ OAO's 35.59% stake was RUB 288,750,000. An auction was held on an electronic platform of Russian Auction House (Rossiyskiy auktsionnyi dom OAO) as part of the bankruptcy process of Maxi-Group (Maksi-Grupp OAO). 

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