Evraz says to buy up to 51 pct of Delong
(Refiles to fix duplicated "to" in headline)
LONDON, Feb 18 (Reuters) - Russian steel maker Evraz Group SA (HK1q.L: Quote, Profile, Research) said on Monday it was to buy up to 51 percent of Singapore's Delong Holdings Ltd (DELO.SI: Quote, Profile, Research) from Best Decade Holdings Ltd and its shareholders.
Evraz also said it would make a mandatory cash offer for the remaining Delong shares, and "the maximum consideration payable by Evraz will be approximately $1,494 million, assuming full acceptance of the mandatory offer". (Reporting by Dan Lalor, editing by Will Waterman)
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