14
Jun
11:04
Aveng advances talks to sell Trident Steel
South Africa-listed Aveng Limited is in advanced negotiations with a credible buyer to sell its wholly-owned Trident Steel subsidiary, in line with Aveng’s 2018 strategy. The deal is expected to be completed shortly, Kallanish notes.
"The transaction is subject to the conclusion of BEE participation in the trade and the completion of legal agreements. If successfully concluded, the transaction may have a material effect on the price of the Company&…
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Anonymous
Very good overview of the weekly steel market.
Anonymous