26
Mar
15:18
Omani conglomerate acquires control over Jazeera Steel
Oman-based conglomerate Suhail Bahwan Group has acquired a controlling stake in re-roller Al Jazeera Steel from Global Buyout Fund, a fund managed by Kuwait-based investment banking firm Global Investment House (GIH).
Following the acquisition of the 51% shareholding, Amal Suhail Salim Bahwan Al Mukhaini has been elected the new chairman of Jazeera Steel, replacing Sulaiman Mohammed Al-Rubaie. Al Mukhaini is chairman of Suhail Bahwan Group. The group could not b…
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Anonymous
Very good overview of the weekly steel market.
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