Takeover of Corus Tuscaloosa by Nucor approved
US steelmaker Nucor Corp has reportedly received antitrust clearance from Federal Trade Commission (FTC) for the takeover of assets of Corus Tuscaloosa. As reported by SteelOrbis back in early June, Nucor struck a deal worth $90 million with Corus to take over Corus Tuscaloosa. However completion of the deal was subject to approval of certain authorities. With the approval of FTC, Nucor is now able to purchase the mill of Corus in US.Takeover of Corus Tuscaloosa by Nucor approved
Tags: Nucor
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