06
Dec
15:52
Siddiqsons buys back ArcelorMittal stake
Pakistan-based Siddiqsons Tin Plate (STPL)’s sponsor shareholders have acquired back the complete 9.29% shareholdings held by ArcelorMittal, comprising of 21,308,101 shares, under a duly signed agreement signed by both parties.
The transaction value for the transfer is estimated at PKR 255,697,212 ($1.45 million), Kallanish notes. The transaction value is subject to change, based on the share prices determined on the Pakistan Stock Exchange on the day preced…
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