Cape Lambert says has no new info after Evraz meeting

July 18, 2008

July 18th (Reuters) – Australia’s Cape Lambert Iron Ore Ltd (CFE.AX: Quote, Profile, Research, Stock Buzz) said on Friday it had met with U.S. investment bank Merrill Lynch (MER.N: Quote, Profile, Research, Stock Buzz) and steelmaker Evraz Group (HK1q.L: Quote, Profile, Research, Stock Buzz) on Thursday, but no new information had emerged.

Evraz, partly owned by Russian billionaire Roman Abramovich, has agreed to pay $1.5 billion for a controlling stake in another steel group, Delong Holdings (DELO.SI: Quote, Profile, Research, Stock Buzz), which holds an option to take about 12 percent of Cape Lambert.

 

Merrill Lynch is holding a stake in Cape for an unnamed party, widely believed to be Evraz.

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One Response to “Cape Lambert says has no new info after Evraz meeting”

  1. Eldar Gaziev Says:

    For all of these who are interested in getting Roman Abramovich’s contact information, please contact Eldar Gaziev at eldargazi@gmail.com or call at 619-341-3483. Our corporate office is in San Diego, California.


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