24
Jun
18:04
AZZ sells majority interest of infrastructure solutions segment
Fort Worth, Texas-based galvanizing/coatings services provider AZZ Inc is selling its majority interest stake in the company's infrastructure solutions segment to the investment firm Fernweh Group, Kallanish learns from a recent update.
According to a joint announcement, the majority stake in the AZZ Infrastructure Solutions Segment (AIS) will be sold by AZZ Inc to Fernweh Group with an implied value of $300 million. Fernweh Group will own 60% o…
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Anonymous
Very good overview of the weekly steel market.
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