OREANDA-NEWS. On May 25, 2007 Evraz Group S.A. (LSE: EVR) announced that it has reached an agreement to acquire outstanding 50% interest in Yuzhkuzbassugol from existing shareholders, representing the management of the coal company, reported the press-centre of  Evraz Group S.A.

The deal is subject to regulatory permissions and Evraz Board of Directors approval.

Further details will be announced after the Board of Directors’ decision.