08
Oct
11:11
Arrium attracts interest as storm costs revised down
Australia’s Arrium says it had attracted around 20 expressions of interest for the company as of the end of last week. The interest comes despite disruption to power supply at the Whyalla following storms on 28 September, Kallanish notes.
Most of those interested were only looking to acquire part of the bankrupt firm but there were “... quite a few” offers for the company as a whole also, according to Mark Mentha of KordaMentha, Arrium’s …
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Anonymous
Very good overview of the weekly steel market.
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