Renova in talks to buy Ukrainian metals assets
Mr. Viktor Vekselberg’s Renova Group is in talks to buy metals assets of Viktor Pinchuk EastOne LLC.EastOne is looking to sell 25% of companies that control three ferroalloy plants and two iron ore processing facilities in Ukraine including the Nikopol Ferroalloy Plant. The stakes may be worth a total of $1.5 billion. (Kommersant)