(Reuters) - It quoted two businessmen familiar with Evraz shareholders as saying the firm's managers held talks with Ipsco executives about a takeover bid a few weeks ago. A banker close to Evraz management told the newspaper talks were still going on.
The main owners of Evraz, Russia's top steel maker by domestic output, are billionaires Alexander Abramov and Alexander Frolov. Last year Russia's richest man, Chelsea soccer club owner Roman Abramovich, bought a 41 percent stake in Evraz.
Read more at Reuters.com Mergers News
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