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25 Nov
00:00

Luxembourg investor seeks stake in Polish plate producer

A Luxembourg-based investor is interested in buying from Polish banks the debt of Poland’s ISD Huta Czestochowa (HCz), part of Ukraine’s Industrial Union of Donbass (ISD), a HCz spokesman tells Kallanish. The investor, who the company declined to name, is reported to be close to ISD and could initiate long-term cooperation with the Ukrainian group over HCz. The Polish steelmaker could therefore return to the control of ISD after the Ukrainian fir…
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