16
Jul
01:00
Delay hits Viohalco/Sidenor merger after shareholder approval
Viohalco’s shareholders have approved the Belgian industrial holding’s merger by absorption with Sidenor Holdings, which owns numerous Greek steel plants. However, the completion of the merger and delivery of new shares issued by Viohalco has been postponed. This is due to a delay in receiving the required documents from Greek authorities, Viohalco says in a statement seen by Kallanish.
The merger is being carried out so that Sidenor can secure i…
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Anonymous
Very good overview of the weekly steel market.
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