Mechel Steel Group becomes first Russian metals firm to list on NYSE
Oct 29, 2004 | 12:16 PM
Mechel Steel Group OAO became Russia's first metals company to list on the New York Stock Exchange Friday.
The placement raised $291 million for the Moscow-based company.Mechel said it placed approximately 13.9 million shares, or roughly 10 percent of its stock, in American Depositary Shares (ADS) at $21 each.....
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