TMK Completed the Buyback of 100% of Shares in ChTPZ
On October 22, 2021, Pipe Metallurgical Company (TMK) completed the acquisition from minority shareholders of the remaining stake in PJSC ChTPZ. The company completed the mandatory buyback of 2.3679% of shares as part of the procedure launched on August 12, 2021 in accordance with the Federal Law “On Joint Stock …
TMK Sent Shareholders of PJSC “ChTPZ” an Offer to Buy Out their Share of Shares
Pipe Metallurgical Company (TMK) has sent a proposal to the minority shareholders of PJSC ChTPZ to buy out their share of shares. The mandatory offer was sent in accordance with the requirements of the legislation in connection with the acquisition of 86.54% of shares in PJSC ChTPZ by TMK in …
TMK Announces Key Appointments in the Company Following the Acquisition of ChTPZ
Pipe Metallurgical Company (TMK) announced the appointment of a number of key executives following the acquisition of an 86.54% stake in PJSC ChTPZ. General Director of TMK Igor Korytko became the General Director of PJSC Chelyabinsk Pipe-Rolling Plant (ChTPZ) and JSC Pervouralsk Novotrubny Plant (PNTZ). Boris Kovalenkov, who previously held the …
TMK: Announces the Completion of the Transaction for the Acquisition of 86.54% of Shares in PJSC “ChTPZ” from the Controlling Shareholder Andrey Komarov
The perimeter of the transaction included production and sales and service assets, scrap procurement and processing, as well as other assets related to the activities of the pipeline division of PJSC ChTPZ. The Rimera Group’s oilfield services division was not included in the deal. TMK expects to obtain significant synergies, …