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View Full Version : U.S. Steel Sells Back Serbian Plant, State Looks East for Buyers - Bloomberg



NewsWhore
01-31-2012, 10:00 AM
U.S. Steel Sells Back Serbian Plant, State Looks East for Buyers (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEF60U2nkc_BRYCVRMF5fDkwa40bw&url=http://www.bloomberg.com/news/2012-01-31/u-s-steel-sells-back-serbian-plant-state-looks-east-for-buyers.html)
Bloomberg
The total charge may be as much as $450 million, including some $50 million from currency adjustments in Serbia. “This is the value of the plant that we have on our books,” Rintoul said, describing the Jan. 30 announcement as a “non-cash event” which ...

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