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25.04.2014 Vnesheconombank to finance ISD’s purchase of Sibuglemet


The Russian owners of the control interest in IDS may be granted a $1.8-bn-credit to buy Sibuglemet from the bank, Kommersant newspaper claims.

The deal might be economically viable but with coal coming currently so cheap the participants of the market tend to see its political dimension.

The deal might intensify the integration of a big E.-Ukrainian enterprise with its Russian partner and provide arguments against import quotas.


Source:   metcoal.ru