Evraz buying management out of Raspadskaya coal co, to up stake to 82%

摘要

Evraz plc is buying 50% of the shares in Corber Enterprises Limited, the core shareholder in coking coal producer Raspadskaya (RTS: RASP), Evraz said in a statement.Corber is owned on an equal footing by Evraz and Raspadskaya's managementRaspadskaya's shares rose 5.9% to 86.19 rubles by 10:30 a.m. on the MICEX exchange.Evraz said it had had agreed the terms of the acquisition of an indirect controlling interest in Raspadskaya and its subsidiaries.