Lenders consent takeover of J&L Specialty Steel
According to the statement released from Allegheny Technologies Incorporated, lenders gave consent to purchase of assets of J&L Specialty Steel by Allegheny Ludlum, a wholly owned subsidiary of Allegheny Technologies Incorporation. The consent of the lenders is a part of Asset Purchase Agreement dated on February 16, 2004. As previously reported by SteelOrbis, the transaction is expected to be completed on May 3, 2004 depending on certain terms.Lenders consent takeover of J&L Specialty Steel
Tags:
Similar articles
Confindustria calls for pragmatic EU ETS reform to protect industrial competitiveness
09 Jun | Steel News
Local Turkish dollar-based merchant bar prices fall amid ongoing currency fluctuations
09 Jun | Longs and Billet
Ex-China HRC prices fall as all fundamentals negative, supportive factors disappear
09 Jun | Flats and Slab
Local Turkish rebar spot prices fall amid sluggish demand and lower ex-US scrap prices
09 Jun | Longs and Billet