Tag: Merger

Outokumpu to merge tubes and fittings

AvestaPolarit Stainless Tube (AST) proposes to acquire all stocks and shares in the fittings and flanges businesses AvestaPolarit ABE Group (ABE) from Outokumpu Stainless through a non-cash issue.

Chinese special steel companies merge

A merger has taken place between Panzhihua Iron and Steel Group Company and the Great Wall Special Iron and Steel (Group) Co. Ltd.

CMI Welding

Cockerill Mechanical Industries, based in Seraing, and Welding Services Inc., based in Atlanta-Norcross, USA, have joined forces to create “CMI Welding Services.â€?

Yukos and Sibneft to merge

In Russia, a new gas and oil company, YukosSibneft, is to be created by the merger of Yukos (71% stake) and Sibneft.

Yukos and Sibneft agree to merge

Yukos and Sibneft have agreed in principle to combine the two businesses in the largest-ever industrial transaction in Russia.

Joint venture for Löwe & Jaegers

Röhren- und Stahllager Beteiligungs GmbH & Co. KG (Rösta) and Löwe & Jaegers GmbH have announced plans to merge their distribution and associated machining activities in the German steel pipe and tube industry with effect from 1 April 2003.

Sandvik Steel UK merges with RGB

AB Sandvik Steel (Sweden) has announced that it is to merge Sandvik Steel UK and RGB Stainless Ltd.

ConocoPhillips merger completed

ConocoPhillips has completed the merger of Conoco Inc. and Phillips Petroleum Company, following clearance by the US Federal Trade Commission.

Global Marine and Santa Fe International merger

Global Marine Inc. and Santa Fe International Corporation (NYSE: SDC) announced today that they have entered into a definitive agreement to merge in a stock-for-stock transaction that will create the world's second largest offshore drilling contractor.