Business map

Business map



1 March

EVRAZ PLC enters into agreement to dispose of EVRAZ DMZ

EVRAZ plc (LSE: EVR) ("EVRAZ" or the "Company") announces today that its wholly-owned subsidiary FEGILTON LTD signed an agreement to dispose its entire share in DRAMPISCO LTD, a holding company of EVRAZ DMZ (“EDMZ”) to SENALIOR INVESTMENTS LIMITED (a company of the DCH Group) for approximately US$106 million, adjustable for an amount of actual working capital and net financial debt of EDMZ and for fair value of the issued guarantees (“the Transaction”).