07
Feb
18:00
Steel Partners tidies up Steel Excel share purchase
Steel Partners Holding has completed its acquisition of the remaining shares of energy and sporting equipment company Steel Excel, Kallanish reports.
Steel Partners, which previously held 64% of Steel Excel’s shares, acquired the remainder for about $17.80/share. Assuming more than 3 million shares validly tendered, the deal works out to about $56m.
Steel Partners’ diversified holdings include the Handy & Harman tube and infrastructure steel b…
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Anonymous
Very good overview of the weekly steel market.
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