14
Jul
21:16
KPS exits Algoma purchase
Capital investment company KPS Capital Partners has opted to not push forward with its bid to buy Essar Steel Algoma, though a consortium of the company’s term lenders is still forging ahead, Kallanish understands from a company release.
“While it is unfortunate that KPS has withdrawn from the consortium, I am pleased that the term lenders remain committed to closing the transaction,” says Essar Steel Algoma ceo Kalyan Ghosh. “Algoma will…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous