Russian steelmaker Evraz looks to sell Canadian, U.S. assets amid sanctions

Canada News News

Russian steelmaker Evraz looks to sell Canadian, U.S. assets amid sanctions
Canada Latest News,Canada Headlines
  • 📰 fpinvesting
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Sanctioned Russian billionaire Roman Abramovich owns a 28.6% stake in Evraz and is its largest shareholder. Read more.

The company, whose largest shareholder is sanctioned Russian billionaire Roman Abramovich, said Wednesday that it has launched a process to solicit proposals for the acquisition of its North American subsidiaries.

Evraz North America, which operates as a wholly owned subsidiary, has operations in Regina, Sask. and Calgary, Camrose and Red Deer, Alta., as well as in Oregon and Colorado. The company employs about 1,800 people in Canada.Article content

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

fpinvesting /  🏆 43. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Russian steelmaker Evraz looks to sell Canadian, U.S. assets amid sanctionsRussian steelmaker Evraz looks to sell Canadian, U.S. assets amid sanctionsSanctioned Russian billionaire Roman Abramovich owns a 28.6% stake in Evraz and is its largest shareholder. Read more.
Read more »

Russian steelmaker Evraz looks to sell Canadian, U.S. assets amid sanctionsRussian steelmaker Evraz looks to sell Canadian, U.S. assets amid sanctionsSanctioned Russian billionaire Roman Abramovich owns a 28.6% stake in Evraz and is its largest shareholder. Read more.
Read more »

Evraz PLC plans to sell off North American assets, including steel plant in Regina | CBC NewsEvraz PLC plans to sell off North American assets, including steel plant in Regina | CBC NewsThe Russian steel and mining company Evraz PLC has announced it plans to sell its North American assets, which include a steel plant in Regina.
Read more »

11 Canadian equity funds with a focus on value11 Canadian equity funds with a focus on valueWe are looking for large-cap Canadian equity funds with a value-style focus
Read more »

Coinbase disappoints with user forecast, quarterly revenue miss - BNN BloombergCoinbase disappoints with user forecast, quarterly revenue miss - BNN BloombergCoinbase posted a US$1.1 billion second-quarter loss and lower-than-expected revenue as the largest US cryptocurrency exchange was battered by tumbling digital-asset prices.
Read more »

​Canadian Tire profit sinks, misses estimates, as finance unit drags - BNN Bloomberg​Canadian Tire profit sinks, misses estimates, as finance unit drags - BNN BloombergCanadian Tire Corp.'s profit tumbled in the second quarter, but it wasn't for all the same reasons that battered Walmart Inc. and other major U.S. retailers recently.
Read more »



Render Time: 2025-02-26 11:23:21