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23 Feb
12:24

Erasteel finds a buyer

Syntagma Capital has issued an exclusive put option to purchase high-speed steel producer Erasteel from French miner Eramet, Kallanish notes. The sale of the company should be completed “in the months ahead”, Eramet says in its 2022 earnings report. In June last year, the miner signed a share purchase agreement with a consortium that includes Airbus, Safran and Tikehau Ace Capital to buy its lossmaking subsidiary Aubert & Duval (A&D). The …
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