Mechel Shareholders Sell $135 Million of Shares, Reuters Says

OAO Mechel shareholders the Justice family sold about $135 million of preferred shares in the company at $8.10 an American depositary receipt in New York, Reuters reported today, citing people it didn’t identify.

The offer generated $1 billion of demand, Reuters said.

To contact the reporters on this story: Ilya Khrennikov in Moscow at

To contact the editor responsible for this story: Amanda Jordan at

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