Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Evraz Acquires Russian Transport Firm Zapadnye Vorota For USD400,000

25th Apr 2019 18:35

LONDON (Alliance News) - Evraz PLC on Thursday said it bought Zapadnye Vorota LLC to consolidate ownership to a non-residential technical unit and lease rights to the land at Zapadnye Vorota business complex in Moscow, Russia.

The FTSE 100-listed miner said its subsidiaries, EvrazService and SIBMETINVEST, purchased the public transport company for RUB25.6 million, or about USD400,000. The purchase price is based on the results of the independent valuation prepared by American Appraisal LLC.

Evraz shares closed 0.9% lower on Thursday in London at 644.00 pence each.


Related Shares:

Evraz
FTSE 100 Latest
Value8,809.74
Change53.53