MMK

Tag: MMK

MMK minority shareholder suit to dispute purchase of Flinders Mines dismissed

The Chelyabinsk Regional Commercial Court has dismissed Magnitogorsk Iron and Steel Works (MMK) shareholder Elena Yegorova's lawsuit disputing the company's planned purchase of a 100 percent stake in Flinders Mines Limited.

12:45 02.08.2012

Interim measures in MMK-Flinders transaction still active

The Eighteenth Commercial Court of Appeals refused to allow Magnitogorsk Iron and Steel Works (MMK) to cancel interim measures imposed under a lawsuit by a minority shareholder disputing the transaction with Australia's Flinders Mines Limited.

16:17 06.06.2012

Appeals against restrictions over MMK's Flinders acquisition shelved

The Eighteenth Commercial Court of Appeals has declared a recess until June 6 in its hearing of the appeals filed by Magnitogorsk Iron and Steel Corporation (MMK) and Australian Flinders Mines Limited which seek the reversal of the interim relief which blocks MMK's purchase of a 100 percent stake in Flinders Mines.

13:50 30.05.2012

Lawsuit over Flinders Mines purchase by MMK to be heard on May 24

The Chelyabinsk Regional Court will hear on May 24 a lawsuit filed by a Magnitogorsk Iron and Steel Corporation (MMK) minority shareholder to invalidate the board's resolution to purchase 100 percent of the shares in the Australian Flinders iron ore mining company.

16:25 25.04.2012

Third party might interfere with purchase of Flinders Mines

The Magnitogorsk Iron and Steel Works's (MMK) minority shareholder, who stood against the acquisition of Australian Flinders Mines Limited, might have acted in the interest of Kazakh Eurasian Natural Resources Corporation (ENRC).

12:09 12.04.2012

MMK seeks to lift interim relief in Flinders Mines purchase

The Magnitogorsk Iron and Steel Works (MMK) has requested the court to reverse the interim relief granted in a minority shareholder's lawsuit to annul the acquisition of the Australian Flinders Mines Ltd.

13:54 09.04.2012

Minority shareholder obtains ban on Flinders Mines purchase by MMK

The Chelyabinsk Region Commercial Court in Siberia has prohibited the Magnitogorsk Iron and Steel Works (MMK) from acquiring a 100-percent interest in Australia's Flinders Mines Limited.

11:47 03.04.2012

ENRC drops suit against Russian steel sector leader to freeze Australian assets

Kazakhstan's ENRC Plc has withdrawn its claims against Magnitogorsk Iron and Steel Works (MMK), Russian leading steelmaker, and dropped its lawsuit to freeze its Australian assets as the parties reached a settlement, MMK reports.

12:02 06.12.2011

Court unfreezes Russian leading steelmaker's Australian assets

The Federal Court of Australia froze the Australian assets of Russian leading steelmaker Magnitogorsk Iron and Steel Works' (MMK) worth $866 million, including MMK's five-percent stake in the Fortescue Metal Group.

12:16 05.12.2011

Australian court freezes assets of Russia's leading steelmaker worth $866 mln

The Australian Federal Court froze the Australian-based assets of Russian steelmaker Magnitogorsk Iron and Steel Works' (MMK) worth $866 million on November 25, including MMK's five-percent stake in the Fortescue Metal Group.

16:10 01.12.2011