Severstal Resources Reaches Agreement to Acquire PBS Coals
August 22nd, 2008… its mining division Severstal Resources, OAO Severstal announced that it intends … Corporation following a business combination of PBS and Penfold for an all cash purchase price of C$8.30 per share, implying an … to shareholders.” Severstal Resources has retained RBC Capital Markets as financial advisor and Torys LLP in New York and Toronto …