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New Deal


Announced

Evraz Group terminated the demerger of Raspadskaya.

Financials

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Transaction Value£3,025m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

coal mining

Domestic

Spin Off

Public

Coal

Single Bidder

Demerger

Friendly

Russian Federation

Majority

Failed

Synopsis

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Evraz Group, a multinational vertically integrated steel manufacturing and mining company, terminated the demerger of Raspadskaya, a Russia-based coal-mining company. "In light of the unprecedented sanctions against Russia and Russian special economic measures in response to sanctions, which were outside of control of the company, execution of the transaction became technically impossible and the decision has been taken not to proceed with the demerger," Evraz.

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