OREANDA-NEWS. November 17, 2008. Novolipetsk Steel (LSE: NLMK) announces that it has terminated the Agreement and Plan of Merger with DBO Holdings, Inc. for the acquisition of John Maneely Company, and the related USD 2 billion bridge loan facility it had entered into to finance in part the acquisition.  The litigation brought by DBO Holdings, Inc. relating to the acquisition continues.