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DLA Piper Advises on USD 110 Million Sale of Ukrainian Ore Enrichment Plant

DLA Piper Advises on USD 110 Million Sale of Ukrainian Ore Enrichment Plant

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DLA Piper has advised steel producer EVRAZ on its sale of the entire issued share capital of Kadish Limited, the holding company of EVRAZ Sukha Balka, a Ukrainian enterprise specializing in iron ore underground mining, to Berklemond Investments Ltd, a company of the DCH Group, for USD110 million of gross consideration, adjustable for the actual level of working capital and debt.

Julien Hansen, Corporate Partner and Head of DLA Piper Russia's English Law Team, led the transaction.

DLA informed CEE Legal Matters that it was not authorized to reveal the identity of counsel for the buyers.