-(220-x-200-px)-(130-x-130-px)-(220-x-200-px).jpg?lang=en-US&ext=.jpg)
Veolia.gif?width=200&height=200&mediaprotectionhash=4deca34a0d5a00013b5a0ccdc2dcf98fd2c17aabb57eb7bbb27200552f29c247&ext=.gif)
Evraz Offer for Delong Lapses
08/19/2009 - Evraz Group’s put and call options expire on its previous share purchase agreement to acquire up to 51% of steelmaker Delong Holdings Limited, China.
Evraz Group S.A.’s put and call options have expired on its previous share purchase agreement to acquire up to 51% of steelmaker Delong Holdings Limited, China.
The purchase agreement, which the company entered into on February 18, 2008, was subject to the Anti-Trust Approval of People’s Republic of China. In a statement, Evraz said that without anti-trust approval, necessary conditions of the Agreement could not be satisfied, and the Agreement’s Call and Put Options have lapsed and cease to have any further effect.
Evraz said that it remains interested in developing its business in China and continues to consider various business opportunities.
