The UK Office of Financial Sanctions Implementation revoked the general license that allowed Evraz North America to continue operations despite sanctions on its Russian parent company in late July. Private-equity firm Atlas Holdings acquired the steel producer’s North American business units, making the license no longer necessary.
Evraz PLC was sanctioned by the UK on May 5, 2022 as part of measures targeting Russian entities following Moscow’s invasion of Ukraine. Sanctioned billionaire Roman...
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