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158 news items in Mergers / Acquisitions. Show all
Voestalpine has finalized negotiations for the sale of its German subsidiary, Buderus Edelstahl, to Mutares SE & Co. KGaA, a well-known investment company based in Wetzlar, Hessen. The sale is pending approval from the…
JSW Steel has announced that its wholly owned subsidiary, Jsquare Electrical Steel Nashik Private Limited, has signed a share purchase agreement to acquire 100pct equity interest in Thyssenkrupp Electrical Steel India…
Universal Stainless & Alloy Products, Inc. announced a definitive agreement to be acquired by Aperam in an all-cash transaction. Aperam will acquire all outstanding Universal shares at USD 45.00 per share, a 19pct…
India's Jindal Steel Group is set to acquire Vitkovice Steel, a leading steel plate producer in the Czech Republic, in a move that will positively impact the Vulcan Green Steel project currently under construction in…
Acerinox, S.A. has signed an agreement to sell its subsidiary, Bahru Stainless Sdn. Bhd., to Worldwide Stainless Sdn. Bhd., a Malaysian company, for a total of USD 95 mln. The final closing of the transaction is…
ArcelorMittal has entered into a definitive equity purchase agreement with Nippon Steel Corporation (NSC) to acquire NSC's 50pct stake in the AM/NS Calvert joint venture. This move responds to regulatory concerns linked…
Industries Qatar (IQ) announced that its steel segment associate, Foulath Holding, has received a non-binding offer for the acquisition of 100pct of its share capital, according to a stock exchange filing. Foulath…
Ratan Tata, the former chairman of Tata Group, has passed away at the age of 86, the company confirmed in a statement. Born in 1937, Tata was an influential leader who shaped the future of one of India's largest…
Cleveland-Cliffs Inc. has announced that it received a "no-action letter" from the Canadian Competition Bureau, indicating that the Commissioner of Competition does not plan to challenge its pending acquisition of…
The European Commission has approved, under the EU Merger Regulation, the joint control acquisition of TBX NewCo Spain S.L.U. (Spain) and TBX Upstream Seamless Pipes L.L.C. (UAE) by Spain's Tubacex S.A. and the Mubadala…
Singapore's Mlion Corporation Pte Ltd has announced a strategic minority investment from Nippon Steel Trading Corporation (NST) to strengthen its presence in key ASEAN markets, including Singapore and the Philippines…
The Indian government is exploring the merger of Rashtriya Ispat Nigam Ltd (RINL) with another state-owned steel company, SAIL, as a potential solution to address RINL's financial and operational challenges. RINL…
UAE's leading steel producer, EMSTEEL (formerly Emirates Steel Arkan), has expressed interest in acquiring the mills of Spanish steelmaker Celsa located in Poland, the UK, and Norway, which have a combined value of…
Nippon Steel has announced its decision to sell shares in Posco Holdings to enhance asset efficiency through asset compression, according to a press release. The Japanese steel firm currently holds 2.89 mln shares…
China's steel crisis is driving a wave of bankruptcies and accelerating industry consolidation, according to a Bloomberg Intelligence (BI) report. Nearly three-quarters of Chinese steelmakers reported losses in the…
Vallourec, a global leader in premium seamless tubular solutions, has signed a definitive agreement to acquire 100pct of the shares of Thermotite do Brasil Ltda., a subsidiary of Mattr specializing in thermal insulation…
Linde India has signed a plant sale agreement with Tata Steel Limited to acquire its industrial gas supply assets, the company announced in a stock exchange filing. The agreement follows Tata Steel's selection of Linde…
Nippon Steel stated that its planned acquisition of U.S. Steel will benefit the U.S., countering recent opposition from U.S. Vice President Kamala Harris. The company is confident that the acquisition will revitalize…
Pakistan's Agha Steel Industries Limited has announced that it has received a notice of Public Announcement of Intention from Fauji Foundation, which has expressed its interest in acquiring shares and control of the…
Nippon Steel Corporation announced additional investments in Mon Valley Works and Gary Works as part of its pending acquisition of United States Steel Corporation (U.S. Steel). These investments are in addition to the…
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