Ztz, Ao (Zagorsky Trubny Zavod, ZTZ or Zagorks) is considering acquiring its peer, Public Joint Stock Company "Chelyabinsk Pipe-Rolling Plant" (MISX:CHEP) (Chelyabinsk Truboprokatny Zavod, ChTPZ or ChelPipe), belonging businessman Andrei Komarov, RBC business daily reported on July 7, 2020 citing unnamed sources close to the deal. As reported by bne IntelliNews in detail, ChTPZ was considering an IPO, but the deal with ZTZ could replace a public offering. Reportedly, the deal could be financed by Gazprombank, one of the largest creditors of ChTPZ. However, the sides reportedly still have to agree on the price of the deal. ChTPZ representatives denied the reports.