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Evraz eyes London listing
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Evraz eyes London listing
Tue, 18 Oct 2011, 07:59:00
<b>Evraz</b>, the Russian steel producer that counts Chelsea owner Roman Abramovich among its shareholders, is planning to list in London.
 
 The move would see it enter the FTSE 100.
 
 In a deal announced on Monday, Evraz Group will be bought by Evraz Plc, with the group's headquarters moving from Luxembourg to London.
 
 Evraz has assets in Russia, Europe, North America and South Africa. Aside from steel it has interests in coal, vanadium and iron ore.
 
 Evraz says a London listing would raise the group's profile with international investors, increase liquidity and demonstrate its commitment to high governance standards.
 
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 RG
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