02
Nov
15:21
SA Recycling agrees to acquire PSC Metals
SA Recycling is expanding its reach with the purchase of PSC Metals.
A definitive agreement has been reached by American Entertainment Properties Corporation to sell 100% of its equity interests in PSC to SA for $290 million. American Entertainment is a wholly owned subsidiary of Icahn Enterprises. Icahn says it carried PSC on its balance sheet at a value of $141m as of 30 June, 2021. It acquired its interest in PSC in 2007, Kallanish understands.
“Ev…
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