In its biggest privatization deal to date, the government of Ukraine sold the country's largest steel mill for $4.8 billion to the steel magnate Lakshmi N. Mittal, the world's third-richest person.
Via the NYTimes. Just the sort of deal that will be discussed at the upcoming Nov. 9-10 IFC-FT Southern Multinationals conference. There is still time to sign up.
Update: More commentary via The Economist.
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