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03.06.2011 SDS Ugol’ considers IPO


The company`s own estimate of its value exceeds $4 bn. Some experts believe the IPO plans may come in the wake of failed negotiations with Gennadi Timchenko’s companies to sell part of the asset.

Analysts think the IPO might be a success against the background of rising steam coal price.

At the same time, other two Russian coal companies, SUEK and Koks, canceled or suspended their IPO plans.


Source:   metcoal.ru