29 February 2008
Kerman & Co LLP acted for MN Specialty Steels Limited in respect of the sale of the majority stake in its subsidiary undertaking (co-owned with the Government of Montenegro) which holds a steel mill in Montenegro. MN Speciality Steels retained a stake in the acquirer which raised its finance through Ethemba Capital.
The Kerman & Co LLP team was led by Keith Dempster and assisted by Richard Baxter, Michael Corcoran and Una Deretic.