Banks rated ChTPZ in 2,8 billion dollars

Two of the bank-organizer of the initial public offering of shares of Chelyabinsk Pipe Plant to assess the current capitalization of the company in the range of 1,8-2,8 billion dollars, said an informed source, reported Reuters. "JP Morgan estimated the company 2-2,4 billion dollars (61-73 billion rubles.) Gazprombank - in 1,8-2,8 billion dollars", - he said. Previously reported that ChTPZ plans to hold an initial public offering of shares listed on the stock exchange in London. In particular, the company will offer international investors the global depository receipts, which it will place on the London Stock Exchange. In addition, the company plans to place common shares on the MICEX (quotation list B) and Rs. ChTPZ offer investors the existing and new shares, which the company plans to issue in the placement. The group includes ChTPZ Chelyabinsk Zinc Plant, the Chelyabinsk Pipe Rolling Plant, Pervouralsk New Pipe Plant, Trading House Uraltrubostal, a company producing and implementing Trubodetal ChTPZ-Integrated Pipe Systems, a company in the scrap metal company ChTPZ-Meta. " The company is one of the largest producers of steel pipes in Russia. The share in total shipments ChTPZ Russian producers in 2008 amounted to 19,5%. Asset Management Group are carried out by "Arkley Capital" (Luxembourg). Ministry of Industry