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16 Apr
17:05

Russel Metals acquisition of Samuel service centres stalls

Russel Metals’ plan to acquire seven service centre locations from Samuel, Son & Co remains under review by Canada’s Competition Bureau, with concern over product concentration within a specific geography, Kallanish discovers from a Russel Metals press release. As a result of the ongoing review, the transaction between the two entities is no longer expected to close in the second quarter of 2024. Mississauga, Ontario-based Russel Metals is one of…
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