[lbo-talk] FACTBOX-Russian steel investments in North America

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Sat Aug 23 17:25:05 PDT 2008

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FACTBOX-Russian steel investments in North America http://www.reuters.com/article/euMergersNews/idUSLM13690120080822

Fri Aug 22, 2008

MOSCOW, Aug 22 (Reuters) - Russian steel maker Severstal (CHMFq.L: Quote, Profile, Research, Stock Buzz) will pay $1.3 billion for North American coal miner PBS Coals Corp in an all-cash deal giving it access to raw materials for its expanding network of U.S. steel mills. [ID:nLM587015] http://www.reuters.com/article/euMergersNews/idUSLM13690120080822

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