20
Mar
13:52
TMK mulls European division IPO
Russian pipemaker TMK is considering an initial public offering (IPO) of its European division, strategy director Vladimir Shmatovich said during an investor presentation in Moscow, monitored by Kallanish.
The decision could be made in the first half of 2019. The offering will be made in order to raise funds, and is not connected with the risk of sanctions, he said. The presentation was held on the same day as a fellow Russian steelmaker’s top directors re…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous