09
Dec
14:07
Apollo/Swoctem retracts acquisition proposal: Klöckner
Klöckner & Co has received an acquisition proposal from UK-headquartered steel trader Apollo/Swoctem, the German-based distribution group confirms in an ad-hoc announcement.
“In response to market rumours, the company states as follows: Apollo/Swoctem have submitted a non-binding indication of interest to the company, but have retracted it vis-à-vis the company, confirming that they will not pursue the transaction further at this stage,&rdquo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous