Arcelor Mittal eyes Stalexport’s steel unit

APA - Austria Presse Agentur
opublikowano: 2006-10-25 12:09

Warsaw (Puls Biznesu) – Arcelor Mittal is interested in the steel plants owned by Stalexport.

Warsaw (Puls Biznesu) – Arcelor Mittal is interested in the steel plants owned by Stalexport.

 

The management of listed Stalexport has prepared the memorandum concerning its steel assets which are to be put out for sale. After the supervisory board approves of the document, potential buyers will receive it this month. So far, Stalexport said it would sell the assets to Polish distributors mainly. However, Arcelor Mittal, which has five steel plants in Poland, is also interested.

“Arcelor Mittal indeed is interested but final decision will be made after we receive the memorandum”, Jacek Mirenski from Arcelor Mittal said.

 

The second company interested in Stalexport’s assets is Stalprofil. One third of its stake belongs to Mittal Steel Poland.