16 August 2017
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Ferrexpo shares collapse on London Stock Exchange

The value of shares of the Swiss mining company Ferrexpo, which controls Poltava and Eristov mining and refining plants in Ukraine, has dropped by more than 15% on the London Stock Exchange after the National Bank of Ukraine had declared insolvent Finance and Credit Bank, where the largest shareholder of Ferrexpo, Ukrainian businessman Kostiantyn Zhevaho, had funds in the amount of $174 million.

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