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28 Jan
14:49

Greek authorities approve Hellenic Steel takeover

The takeover of Hellenic Steel, the Greece-based coil re-rolling mill, has been formally approved by local authorities, giving the green light for the relaunch of activity at the plant, Kallanish learns from sources. The investor taking control of the plant has been named as US company Jordan International. It is understood it will invest over €100 million ($114.3m) for the relaunch of activities. Hellenic Steel can produce cold rolled coi…
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