Advertisement
UK markets closed

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • FTSE 250

    20,164.54
    +112.21 (+0.56%)
     

  • AIM

    771.53
    +3.42 (+0.45%)
     

  • GBP/EUR

    1.1652
    -0.0031 (-0.26%)
     

  • GBP/USD

    1.2546
    +0.0013 (+0.11%)
     

  • Bitcoin GBP

    50,687.46
    +1,436.18 (+2.92%)
     

  • CMC Crypto 200

    1,359.39
    +82.41 (+6.45%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • DOW

    38,675.68
    +450.02 (+1.18%)
     

  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     

  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     

  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     

  • HANG SENG

    18,475.92
    +268.79 (+1.48%)
     

  • DAX

    18,001.60
    +105.10 (+0.59%)
     

  • CAC 40

    7,957.57
    +42.92 (+0.54%)
     
MONEY:

Best savings accounts that offer above inflation rates

Where to find a top-rated deal that works for you

Ferrexpo says Ukrainian court rules 2002 share deal invalid

Reuters
·1-min read

(Reuters) - Ukraine-focussed pellet producer Ferrexpo Plc said on Tuesday an appeal court has ruled that a share sale from 2002 was invalid, and a 40.19% stake in Ferrexpo Poltava Mining (FPM) should be transferred to the former shareholders of FPM.

The company said it was exploring all options, including its right to appeal the decision to the Supreme Court of Ukraine.

Four former shareholders of FPM have filed claims to invalidate a share purchase deal from 2002, in which a more than 40% stake in FPM was sold to its former Chief Executive Officer Kostyantin Zhevago and other parties.

(Reporting by Yadarisa Shabong in Bengaluru)