GREY:HRIVF - Post by User
Comment by
westhecaton Jun 02, 2010 7:05am
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Post# 17149363
RE: RE: RE: Severstal continues to get ready for I
RE: RE: RE: Severstal continues to get ready for I"In any case, Severstal are smart and have got the votes at CRU now. EDV would have never accepted such arrangement out of courtesy "
I think you have the above in reverse.
Should be EDV now have the votes. The board is comprised of 4 EDV nominees, 3 Severstal nominees and two others. Of the others one has ties to Troika and the other an Oslo businessman. The Oslo connection was the key.
Now it only makes sense to merge all the bits and pieces through an IPO.
Wes