Tag: acquisition

Precision Castparts acquires Timet

newsitemPrecision Castparts has entered into a definitive agreement to acquire Titanium Metals Corporation for $16.50 per share in cash.

ITT to Acquire Bornemann Pumps

newsitemITT Corporation has announced that it has signed an agreement to acquire Joh. Heinr. Bornemann GmbH (Bornemann Pumps), a leading global provider of highly engineered pumps and systems for the oil and gas industry that is known for its leading edge technologies.

Metals USA acquires The Richardson Trident Company

Metals USA Holdings Corp. (Metals USA), provider of processed carbon steel, stainless steel, aluminum and other metals has closed the acquisition of The Richardson Trident Company (Trident).

Mechel acquires Romanian metallurgical plant

Mechel OAO, a Russian-based mining and metals company, has announced the acquisition of the Laminorul Braila metallurgical plant located in Romania.

Cristal acquires

Cristal Global’s wholly owned subsidiary, Cristal US, Inc. announced on 17 October 2008 that it has completed the acquisition of International Titanium Powder, LLC (ITP), a private Illinois-based limited liability company specializing in the production of high-purity titanium and titanium alloy powders.

Tata’s revised acquisition

Following the conclusion of the auction process conducted by the Panel in accordance with Rule 32.5 of the Code (the Auction), the Board of Tata Steel has announced the terms of a proposed increased Acquisition (the Revised Acquisition) at a price of 608 pence in cash per Corus Share, being 5 pence per share higher than the offer by Companhia Siderurgica Nacional (CSN) of 603 pence in cash per Corus Share.

Arcelor ups stake in Acesita

Arcelor has entered into a definitive agreement with two Brazilian pension funds over the acquisition by Arcelor of Acesita SA common shares.

Dutch gas restructuring

Gasunie, the Dutch gas company, is to be split.

Allegheny/J&L re-organisation

Allegheny Ludlum Corp. is moving quickly to absorb the J&L Specialty Steel operations it acquired last month.

Arcelor acquires shares of CST

Arcelor SA has entered into definitive, binding agreements with Companhia Vale do Rio Doce (CVRD) aiming at consolidating the shareholding control of Companhia Siderúrgica de Tubarão.