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23 Jun
08:38

Eramet considers selling French high-performance steel subsidiary

French miner Eramet has initiated a “…detailed strategic review” into its French subsidiary, Aubert & Duval, a producer of high-performance steel. The company is considering all options, Eramet says in note. Kallanish has learned from sources in the market that high-tech industrial group Safran may be interested in buying out the subsidiary. Aubert & Duval supplies a variety of sectors including aerospace, energy, defence and transport.…
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