System Capital Management and Smart-Holding have bought 5% of Metinvest B.V. (the Netherlands) shares.
As of June 30, SCM Cyprus owns 71.24% of Metinvest B.V. shares, while Smart has 23.76%. 5% of shares were purchased from the previous owners.
SCM and Smart plan to divide the shares so that the former gets 75% minus 1 share in Metinvest, and the latter – 25% plus 1 share. (Ukrainian metal)