Tuesday, December 3, 2024
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    Mergers / Acquisitions

    Marubeni-Itochu expands UK presence with acquisition of Scottish steel firm

    Japanese steel distribution giant Marubeni-Itochu Steel Inc. announced that its UK subsidiary, Barclay & Mathieson Limited (B&M), has acquired 100pct of the shares in...

    Peabody to acquire Anglo American’s steelmaking coal assets

    Peabody has agreed to acquire steelmaking coal assets from Anglo American plc, accelerating its strategy to shift its global coal portfolio toward seaborne metallurgical...

    Acerinox boosts U.S. presence with Haynes International deal

    Acerinox, a multi-national high-performance alloy and stainless steel manufacturing group based in Madrid, Spain, has finalized the acquisition of Haynes International through its U.S....

    Celsa sells subsidiaries in UK and Nordics as part of debt reduction plan

    Celsa has agreed to sell 100pct of its subsidiaries in the UK and Nordics to Sev.en Global Investments, a Czech investment group focused on...

    Tubacex partners with Mubadala for USD 200 mln investment in OCTG business

    Tubacex Group, a global leader in advanced industrial solutions for energy and mobility, has finalized a USD 200 mln strategic partnership with Mubadala Investment...

    TARIL acquires controlling stake in Posco Poggenamp Electrical Steel

    Transformers and Rectifiers (India) Ltd. (TARIL) has announced a strategic investment in Posco Poggenamp Electrical Steel, acquiring a controlling stake, according to a stock...

    Sandur Manganese acquires full ownership of Arjas Steel

    India's Sandur Manganese & Iron Ores Limited (SMIORE) board has approved the acquisition of an additional 20pct stake in Arjas Steel Private Limited (ASPL),...

    Salzgitter AG receives takeover bid from major shareholder

    Germany's second-largest steel producer, Salzgitter AG, announced that its major shareholder, GP Gunter Papenburg Aktiengesellschaft, in collaboration with TSR Recycling GmbH & Co. KG,...

    Cleveland-Cliffs secures final approvals for Stelco Holdings acquisition

    Cleveland-Cliffs Inc. has announced that it has obtained the necessary regulatory and program approvals under the Investment Canada Act and the Strategic Innovation Fund,...

    Voestalpine finalizes sale of Germany-based special steel plant

    Voestalpine has finalized negotiations for the sale of its German subsidiary, Buderus Edelstahl, to Mutares SE & Co. KGaA, a well-known investment company based...

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