15
Feb
15:02
Aperam and VDM decide to halt acquisition process
Aperam’s takeover of German special alloys specialist VDM Metals has been cancelled in anticipation of objections from the European Cartel Office. A spokesman for VDM Metals confirmed to Kallanish that both Aperam and VDM’s owners, Lindsay Goldberg Vogel, have agreed to discontinue proceedings.
An in-depth investigation was scheduled by the European Commission (EC) to last from late November 2018 until mid-April 2019. Since the EC “&h…
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