24
Jul
13:12
KKR starts procedure to acquire Gallardo Balboa control
The European Commission has started the procedure to approve the takeover of majority control in Spanish steelmaking group Gallardo Balboa by American investment fund KKR, the commission says.
Earlier last week the Spanish group confirmed it was in advanced talks with KKR to refinance its debts (see Kallanish passim). At the time it did not officially mention the fact KKR was taking over majority control of the entire group through the acquisition of shares. How…
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Anonymous
Very good overview of the weekly steel market.
Anonymous