20
Dec
17:23
Deutsche Bank cancels NLMK's DRs
NLMK Group's depositary receipt (DR) programme for common shares held by Deutsche Bank is to be terminated on 18 January, following a decision by the depositary bank (Deutsche Bank Trust Company Americas) to terminate the agreement, the steelmaker says in a statement. The statement informing of the cancellation was also filed by the bank, Kallanish notes.
The move, apparently directly affected by, but not alluded to, western sanctions applied to Russia in…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous