Mechel Announces Recommended Cash Offer For Oriel Resources plc.
PR Newswire Europe, March, 2008
MOSCOW, March 26 /PRNewswire/ --
- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announced today that it has reached an agreement on the terms of a recommended cash offer to be made by Mechel for the entire issued and to be issued share capital of Oriel Resources plc.
MECHEL OAO
RECOMMENDED CASH OFFER FOR ORIEL RESOURCES PLC
Summary
-- The boards of Mechel OAO (Mechel) and Oriel Resources plc (Oriel) are
pleased to announce that they have reached...
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