Evraz Considers Bids for Transportation Unit, Kommersant Says

London-listed steelmaker Evraz Plc (EVR) is considering bids for EvrazTrans, its transportation unit, which it wants to sell for more than $250 million, Kommersant reported, citing an unidentified market participant.

Billionaire Vladimir Lisin’s UCLH transportation holding and Globaltrans Investment Plc are among four bidders for the unit, the newspaper said, adding that Deutsche Bank and Renaissance Capital are advising on the sale.

To contact the reporter on this story: Ksenia Galouchko in Moscow at kgalouchko1@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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