The Ukrainian Metal

Ukraine: another ZALK privatization auction canceled

The repeated auction to sell 97.5458% of shares of the Zaporozhye Aluminum Combine JSC with the reduced starting price of 75.93 million UAH, scheduled for August 22, was not held.

The hybrid Dutch auction was canceled due to lack of bidders.

The initial auction with the starting price of 151.86 million UAH was scheduled for August 6, but didn’t take place also due to the absence of bidders. (Ukrainian metal)

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