TITLE

Geneva Acquires Indian Steelmaker

PUB. DATE
December 2008
SOURCE
Metal Center News;Dec2008, Vol. 48 Issue 13, p73
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Quincy, Massachusetts-based Geneva Acquisition has entered into an agreement to acquire Global Hi-Tech Industries Ltd. (GHIL). Following the merger, GHIL production capacity is expected to grow more than three-fold in India. Demand for structural steel in the region has increased due to the growth of the domestic construction industry. Under the terms of the deal, Geneva will acquire GHIL to form India Steel and Metals Corp.
ACCESSION #
35898325

 

Related Articles

  • Steel Cos. Forge Stronger Takeout Multiples. Cecil, Mark // Mergers & Acquisitions Report;6/10/2002, Vol. 15 Issue 23, p1 

    Provides information on mergers and acquisitions in the steel industry as of June 2002.

  • INDUSTRY NEWS.  // 33 Metalproducing;Jul/Aug2002, Vol. 40 Issue 4, p6 

    Presents news and developments concerning the steel industry in the U.S. compiled as of August 2002. Mergers and acquisitions; Restrictions for steel imports; Business contracts.

  • Sumitomo, V&M To Buy North Star Tubular.  // Supply House Times;Aug2002 Supplement, Vol. 45, p26 

    Reports the acquisition of the Tubular Products Division of North Star Steel by Sumitomo Corp. and Vallourec & Mennesmann Tubes (V&C) in the U.S. Disclosure on the amount needed to complete the acquisition; Terms in the joint venture of Sumitomo and V&C; Details on the production of the division.

  • BRIEFS.  // Metal Center News;Nov2000, Vol. 40 Issue 12, p17 

    Reports developments in the steel industry in the United States as of November 2000. Acquisition of Capitol Manufacturing coil bending operations by Chicago Tube and Iron Co.; Amalgamation of Tech Steel Service Inc. by Crucible Service Centers; Details on the steel-framed units of Dietrich...

  • BRIEFS.  // Metal Center News;Sep2002, Vol. 42 Issue 10, p56 

    Reports developments related to the steel industry in the U.S. Acquisition of the operating assets of Republic Technologies International LLC by KPS Special Situations Fund L.P.; Purchase on the assets of Trico Steel Co. LLC by Nucor Steel Decatur LLC; Business agreement of J&L Specialty Steel...

  • CONTRACTS IN THE NEWS.  // 33 Metalproducing;May/Jun2002, Vol. 40 Issue 3, p4 

    Reports several consolidations in the steel industry. Agreement between the Charter Steel and the Techint Technologies; Installation of annealing bases on the flat-rolling mini-mill of Nucor Steel by the LOI Inc.; Partnership between the FATA Hunter and the Commonwealth Aluminum.

  • CC and Slaughters lead Corus and CSN's transatlantic tie-up.  // Lawyer;7/29/2002, Vol. 16 Issue 31, p10 

    Focuses on the contributions of law firms Clifford Chance and Slaughter and May to the merger between Corus and Brazilian steel company Companhia Siderurgica Nacional in July 2002. Significance of the merger; Corporate lawyers involved in the deal; Regulatory issues surrounding the merger.

  • Mills Eye Global Consolidation, Investment.  // Metal Center News;Aug2000, Vol. 40 Issue 9, p75 

    Focuses on the globalization and consolidation trend in the steel industry. U.S. Steel's acquisition of Slovakia's VSZ; Acero Prime's warehousing venture in Mexico; USX Engineers & Consultants and Steel Authority of India Ltd.'s formation of UEC/SAIL Information Technology to assist companies...

  • Beam Demand Stays Strong; Pricing is a Question Mark.  // Metal Center News;Nov2000, Vol. 40 Issue 12, p12 

    Reports the demand for structural steels and wide-flanged beams in the United States. Dependence of wide-flanged beam and standard section consumption on construction; Role of service centers for the domestic supplies and imports of structural steels; Details on the earnings of A.M. Castle &...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics