06
Jun
14:09
Tisco Stainless' acquisition of Xinhai Industry passes antitrust
Shenzhen-listed Taiyuan Iron & Steel (Tisco) Group's stainless steel company (Tisco Stainless) has passed antitrust scrutiny for the acquisition of Shandong Xinhai Industry, according to Tisco Stainless' report to the Shenzhen Stock Exchange.
This means the stainless steelmaker will continue with its planned capital increase of CNY 392.7 million ($59m) in Xinhai Industry, and will finally gain 51% of Xinhai Industry, Kallanish notes. The rema…
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