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Thursday, March 10, 2011

MMK to buy partner's stake in Turkey unit-source

"MMK to buy partner's stake in Turkey unit-source

ISTANBUL, March 10 | Thu Mar 10, 2011 9:32am EST

ISTANBUL, March 10 (Reuters) - MMK, a unit of Russian Magnitogorsk Iron & Steel Works (MAGN.MM), applied to the Turkish competition board to buy its Turkish partner's stake in their steelmaking joint venture, sources close to deal told Reuters."

More:MMK to buy partner's stake in Turkey unit-source | Reuters