BRIEF-Evraz says Evraz Highveld's business rescue announcement hinders stake sale

Written By Unknown on Selasa, 14 April 2015 | 16.47

April 14 (Reuters) - Evraz :

* Board of directors of Evraz Highveld Steel and Vanadium decided to file for voluntary business rescue procedures

* Post this decision Evraz will not be able to complete sale of 34 pct of issued share capital of company to Macrovest

* Starting 14 April 2015 Evraz Highveld Steel and Vanadium will be managed by an independent business rescue practitioner appointed by board of Highveld Further company coverage:


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