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158 news items in Mergers / Acquisitions. Show all
Knauf Interfer has acquired a majority stake in the H. D. Lenzen Group, based in Hagen, boosting its steel division by expanding into strip finishing. The acquisition was completed via a share deal by Knauf Interfer…
Turkish steel company Tosyali Holding has announced its withdrawal from the planned acquisition of Liberty Dudelange, according to local media reports. The decision was confirmed by both the economy and labour…
Van Merksteijn Steel Group has completed its merger with Sudwest Beteiligungen, officially launching Reinforcing Steel Europe B.V. (RSE), the company announced. The new entity is headquartered in Almelo, the…
India's Supreme Court has rejected JSW Steel Ltd.'s acquisition of Bhushan Power & Steel Ltd. (BPSL), a deal that was completed nearly four years ago, citing violations of the country's bankruptcy laws. The court has…
India's Jindal Steel & Power Limited (JSPL) has acquired Haryana-based steel manufacturer Allied Strips Limited (ASL) for INR 217.53 crore (USD 25.4 mln) in cash through its wholly owned subsidiary, Jindal Steel Odisha…
CriteriaCaixa, the investment holding company, has reached a preliminary agreement to acquire a 20pct stake in Celsa Group, Europe's leading producer of low-emission circular steel, through a capital increase. Celsa's…
Dusseldorf-based Hoberg & Driesch Rohrengruppe, a leading European steel tube distributor with branches in ten countries, has reached an agreement to acquire part of Salzgitter Mannesmann Stahlhandel GmbH's tube…
Italy's Minister of Enterprises and Made in Italy, Adolfo Urso, announced that Baku Steel has submitted the best offer among three bidders for the troubled Taranto steel plant, one of Europe's largest steelworks…
Egypt's El Garhi Group has agreed to sell a 26.25pct stake in Misr National Steel (Ataqa) to Al Organi Group, a diversified Egyptian conglomerate, according to a stock exchange filing. The stake will be acquired by Al…
Jindal Steel has increased its bid for a struggling Italian steelmaker Acciaierie d'Italia (ADI), to approximately EUR 4 bln (USD 4.17 bln), aiming to outbid competitors from Azerbaijan, Bloomberg reported, citing…
Turkish steel producer Tosyali Holding is reportedly interested in acquiring Liberty Dudelange, a Luxembourg-based steel producer, according to media reports. Several buyers initially expressed interest in the…
Baku Steel Company and Jindal Steel International have submitted their bids for Acciaierie d'Italia (ADI), formerly known as Ilva, according to the Italian government. In the latest phase, two additional bids were…
The Public Investment Fund (PIF) has acquired a 30pct stake in Masdar for Building Materials Company (Masdar) by subscribing to newly issued shares through a capital increase. PIF's investment will help Masdar enhance…
RHI Magnesita has completed its acquisition of US-based Resco Group from Balmoral Funds LLC and management for USD 410 mln, marking the company's largest investment since its 2017 merger. Resco's refractory products…
Turkish steelmaker Tosyali Holding AS is pursuing the acquisition of a European producer to bolster its green steel operations, while advancing multi-bln-dollar projects in Saudi Arabia and Africa, Bloomberg reported…
GLGH Steel, LLC has agreed to acquire Artrom Steel Tubes S.A., a Romanian producer of seamless steel tubes based in Slatina and Resita. The transaction is pending regulatory approval from Romanian authorities. GLGH…
Aperam S.A., a global leader in stainless and specialty steel solutions and recycling, and Universal Stainless, a leading supplier in the aerospace and industrial sectors in the USA, announced that Universal Stainless &…
Cleveland-Cliffs Inc. is in talks with Nucor Corp. about a potential joint bid for United States Steel Corp., according to a source familiar with the matter. Cleveland-Cliffs' CEO later confirmed interest in the deal at…
Japan's largest steelmaker, Nippon Steel, has vowed to continue its efforts to acquire U.S. Steel despite President Joe Biden blocking the USD 15 billion bid last week over national security concerns. The decision to…
Nippon Steel Corporation, its wholly owned subsidiary Nippon Steel North America (NSNA), and United States Steel Corporation (U.S. Steel) have filed two lawsuits to address illegal interference with Nippon Steel's…
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