PAO TMK signed a deal to acquire 86.54% stake in Public Joint Stock Company "Chelyabinsk Pipe-Rolling Plant" from Andrei Komarov for RUB 84.2 billion.

PAO TMK (MISX:TRMK) signed a deal to acquire 86.54% stake in Public Joint Stock Company "Chelyabinsk Pipe-Rolling Plant" (MISX:CHEP) from Andrei Komarov for RUB 84.2 billion on March 9, 2021. All necessary approvals, including approval of Russia's Federal Antimonopoly Service, were received.