(Reuters) - The deal, which required backing from two-thirds of Ipsco
shareholders, received 99.46 percent approval and clears the
way for SSAB to buy Ipsco's outstanding shares for C$160 each.
The global steel industry has seen a wave of consolidation
as producers bulk up to gain more sway over customers and
suppliers in a booming steel market.
Read more at Reuters.com Mergers News
shareholders, received 99.46 percent approval and clears the
way for SSAB to buy Ipsco's outstanding shares for C$160 each.
The global steel industry has seen a wave of consolidation
as producers bulk up to gain more sway over customers and
suppliers in a booming steel market.
Read more at Reuters.com Mergers News
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