16
Aug
11:39
TMK eyes Chelpipe buyout by year-end
Russian pipemaker TMK aims to control 100% of Chelpipe by end-2021 after sending a request for a mandatory redemption from minority shareholders of the remaining share of the pipemaker, Kallanish notes.
TMK will acquire 2.37% of shares that are subject to mandatory redemption. It will purchase securities at a price of RUB 318.26 ($4.40) per share. The register of owners of securities subject to redemption will be compiled as of 27 September.
In Mar…
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Anonymous
Very good overview of the weekly steel market.
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