IPSCO Accepts Offer from Sweden's SSAB

June 2007
Metal Center News;Jun2007, Vol. 47 Issue 7, p86
Trade Publication
The article reports on the acquisition of tubular producer IPSCO Inc. by SSAB Swedish Steel Inc. in North America. Under the $7.7 billion deal, shareholders of IPSCO will be paid $160 per share. IPSCO stresses that the deal will help the company expand its products and services in the global steel market as well as cater to the demands of its customers. Also, it states that IPSCO will help SSAB boost its profits.


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