19
Dec
14:58
Schmolz+Bickenbach details offer for Ascometal
The Schmolz+Bickenbach group says that its offer for France’s Asco Industries, formerly known as Ascometal, includes a total financial commitment of €135 million ($160m). Nearly half of this, €64m, is intended to be invested in production facilities over the next four years. The takeover offer can be amended during the judicial proceedings, S+B notes.
The scope of the offer submitted to the judicial administrators envisages the takeover of t…
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Anonymous
Very good overview of the weekly steel market.
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