13
Jul
09:17
Cristian Lay wins bid for Gallardo Balboa
The Gallardo Balboa Group (GGB) says it has accepted Spanish holding Grupo Industrial Cristian Lay (CL)’s bid to fully acquire the company, Kallanish learns from the steelmaker. The transaction is part of the financial restructuring plan undertaken by GGB to maintain its solvency and profitability.
“Steel Balboa, owner and maximum shareholder of the Gallardo Balboa Group (GGB), has accepted the purchase offer for all its businesses presented by Cr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous