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158 news items in Mergers / Acquisitions. Show all
Whitehaven Coal has announced separate binding agreements to sell a 20pct stake in the Blackwater coal mine to Nippon Steel Corporation and a 10pct stake to JFE Steel Corporation for a total of USD 1.08 bln. The deals…
India's JSW Steel Limited's Board of Directors has approved the acquisition of up to 66.67pct economic interest in M Res NSW HCC Pty Ltd for USD 120 mln through its wholly owned subsidiary, JSW Steel (Netherlands) B.V…
Swiss multinational commodity trading and mining company, Glencore has abandoned plans to separate its coal division, a move announced after acquiring a 77pct stake in Elk Valley Resources (EVR). The decision came after…
Turkish steelmaker Habas is set to expand its presence in the pipe sector through a new acquisition. The company aims to acquire Ilhanlar Haddecilik, a subsidiary of the Ilhanlar Group, located in the Osmaniye Organized…
ArcelorMittal has completed its acquisition of a 28.4pct stake in Vallourec, buying 65,243,206 shares from Apollo Global Management Inc. The deal, valued at approximately EUR 955 mln (USD 1.045 bln), was finalized…
Japan's Marubeni-Itochu Steel Inc. has agreed to acquire shares in Network Steel Resources, S.A. (NSR), Spain's largest independent steel group, making it an equity-method affiliate. Founded in 2002, NSR specializes in…
The Competition Commission of India (CCI) has approved the indirect acquisition of Arjas Steel Private Limited (ASPL) and its wholly owned subsidiary, Arjas Modern Steel Private Limited (AMSPL), by The Sandur Manganese…
Cleveland-Cliffs Inc. has announced a definitive agreement to acquire Stelco Holdings Inc. The transaction values Stelco at approximately USD 2.5 bln. Upon completion, Cliffs shareholders will own about 95pct of the…
Indian scrap recycler MTC Business Private Ltd receives investment from Japan’s Mitsui & Co., Ltd., solidifying a strategic partnership for the expansion of metal recycling operations in India. MTC is set to become an…
Jindal Stainless has completed the acquisition of the remaining 46pct stake in Chromeni Steels (CSPL) for a total consideration of INR 277.90 crore (USD 33.2 mln). CSPL operates a cold rolling mill in Mundra, Gujarat…
Germany's antitrust regulator has approved the sale of a minority stake in Thyssenkrupp's steel business to Czech tycoon Daniel Kretinsky's EP Corporate Group. According to a spokesman for the German company, the…
MMK-Coal (part of PJSC Magnitogorsk Iron and Steel Works Group) has completed the acquisition of Tikhov Mine, located in the Leninsk-Kuznetsk district of the Kemerovo Region, from PJSC Koks (part of the IMH Group)…
Jindal Group and Vulcan Investments, an industrial conglomerate based in Oman, successfully completed the acquisition of Sohar Steel after an extensive and notable three-year hiatus. This achievement serves as a pivotal…
Commercial Metals Company (CMC) announced the purchase of EDSCO Fasteners LLC, a leading provider of anchoring solutions for the electrical transmission market, from MiddleGround Capital. EDSCO's custom engineered line…
Hungary's Economic Development Ministry announced that Liberty Steel has emerged as the successful bidder to acquire the assets of Dunaferr, a Hungarian steelmaker currently undergoing liquidation. Liberty Steel offered…
Tenaris, a leading global manufacturer and supplier of steel pipes for the energy industry, has made a strategic investment of USD 10 mln to acquire the oil and gas division of Isoplus. Isoplus is a renowned producer of…
Leeco Steel, North America's largest supplier of steel plate, has acquired Titan Steel in Alvarado, Texas, a steel plate processor. As part of the acquisition, Leeco will retain Titan Steel's entire staff, its Alvarado…
Industries Qatar (IQ), the parent company of Qatar Steel, has announced its approval of plans to acquire Al Qataria Steel, as stated in an exchange filing. The filing highlights that IQ has granted preliminary approval…
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