The Ukrainian Metal

Ukraine: UMCC privatization bid fetches less than 4 billion UAH

NEQSOL Holding has applied for participation in an auction to sell 100% of shares of the United Mining and Chemical Company JSC shares.

Cemin Ukraine LLC, controlled by NEQSOL Holding, was the only participant of the auction scheduled for October 9 with the offer of 3.938 billion UAH. The starting price was 3.899 billion UAH.

The company is awaiting the finalization of the auction procedures. (Ukrainian metal)

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