August 21 deadline set for final binding offers for Evraz Highveld

Final binding offers for the purchase of Evraz Highveld Steel and Vanadium must be received by August 21, the company said in a report on its business rescue proceedings on Wednesday August 5.

Those companies who have met the requirement of $10 million in cash have been able to proceed to the due diligence phase, granting them access to a “virtual data room” (VDR), as well as scheduled site visits and discussions with the management team and “other relevant stakeholders”. The VDR will also close on August 21. Binding offers will then be evaluated between August 24 and 27, and the successful bidder...

Published

Claire Hack

August 06, 2015

03:38 GMT

New York