Lanebrook Limited ups stake in Evraz to 83.24%

Lanebrook Limited ups stake in Evraz to 83.24%


Lanebrook Limited has acquired the stake belonging to the former head of Evraz Group S.A. Valery Khoroshkovsky, thereby increasing its stake in the company to 83.24 percent, Evraz Group said in a statement.Evraz has that Khoroshkovsky sold his 0.93 percent of Evraz for USD 80.3 million, Interfax reported. The Cyprus-registered H.K. Steel Industry Ltd., which is affiliated with Khoroshkovsky, sold the shares.Khoroshkovsky, the CEO since January 1, 2006, has tendered his resignation with immediate...


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