Highveld sells a part of its stake in Acerinox
South African steel producer Highveld Steel and Vanadium (Hiveld) has recently announced that it sold half of its 2.9% stake in stainless steel producer Acerinox SA for Rand 347 million ($57.2 million). Highveld acquired Acerinox shares when it disposed 64% of its stake in Columbus Stainless to Acerinox on January 1, 2002.Highveld sells a part of its stake in Acerinox
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