Acerinox to acquire Haynes International

Acerinox will acquire Haynes International.
Acerinox will purchase all outstanding shares of Haynes for USD 61/share, which represents a fully diluted equity value of USD 798M. This transaction has been approved by the boards of directors of Haynes and Acerinox.
The acquisition would strengthen the company’s global leadership position in high-performance alloys and create business opportunities in the aerospace industry and the US market.

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