SEVERSTAL MULLS ACQUISITION OF STAKE IN BRAZIL'S NAMISA

摘要

OJSC Severstal plans to acquire a share packet in Brazil's Nacional Minerios (NAMISA), a subsidiary of iron ore producer Compan-hia Siderurgica Nacional (CSN), various international media oudets have reported. The head of Severstal's press service, Olga An-tonova, refused to comment on these reports. Teimur Semenov, an analyst at OLIVIA investment firm, said that NAMISA's value could come to around 7 billion dollars. "Our comparative appraisal for production results in 2008 comes to 3.5 billion dollars, however, factoring in [the company's] aggressive policy for boosting capacity, the company could be worth 10 billion dollars by 2012. As a result, there is a great possibility that the steelmaker will have to pay around 7 billion dollars," Semenov told Interfax.