18
Apr
08:21
Haynes shareholders agree on Acerinox merger
Global stainless supplier Acerinox tells Kallanish that it has obtained a green light from Haynes International (HI) shareholders for its acquisition of the US manufacturer. The deal will be executed in an all-cash transaction.
“The merger has received approval from US antitrust authorities and is subject to other regulatory approvals and customary conditions. The process advances as planned and is expected to close in the third quarter of 2024,” Aceri…
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Very good overview of the weekly steel market.
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