MMK has disposed of its shareholding in transport company for $131 million
Edited by Rhod Mackenzie / 2013-09-02 02:26:21
MMK has disposed of his its 50% shareholding in MMK-Trans LLC transporting company for $131 million, by $9 million more than the planned. Now the company is named Steeltrans. The buyer is Globaltrans. Concerning the purchase, MMK-Trans cost $250 million taking into account net debt and circulation capital of the railway operator at a rate of $84.5 million.