05
Feb
11:34
Acerinox agrees to acquire Haynes International
Global stainless supplier Acerinox tells Kallanish that it has expanded its high-performance alloys business having agreed to acquire the US manufacturer Haynes International in an all-cash transaction.
Acerinox says it will acquire all outstanding shares of Haynes for $61/share, representing a fully diluted equity value of $798 million, and a premium of approximately 22% to Haynes’s "volume-weighted average share price" for the six-month period en…
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Anonymous
Very good overview of the weekly steel market.
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