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RIA Novosti

World

Ukrainian property fund, Mittal Steel sign mill agreement

11:47 28/10/2005

KIEV, October 28 (RIA Novosti)-Ukraine's State Property Fund and Mittal Steel Germany have signed an agreement on the latter's purchase of 93.02% of the shares in the Kryvorizhstal steel mill, a spokesman for the fund said Friday.

Mittal Steel won an auction for the mill with a bid of $4.79 billion on October 24.

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