Rinat Akhmetov, the owner of Avdiivka Coke and Chemical Works, has started the procedure of squeeze out of the company shares, having estimated the price of the plant at its annual profit.
In particular, Barlenco Ltd. (Cyprus) has sent out an irrevocable claim to buy out shares from all the owners of the company stakes.
Barlenco Ltd. directly owns only 0.28196% of Avdiivka Coke, but together with the affiliates – 95.00072%.
The shares will be bought at 15 UAH apiece.
The First Ukrainian International Bank will service the deal. (Ukrainian metal)