Private Targets Greater Than $50M
September 15, 2008
Target: Beta Steel Corp (3312)
Mnfr steel prod
United States
Credit Suisse Acquiror: Novolipetsk Steel OJSC (3325)
Mnfr steel prod
Russian Federation
Deal InformationValue:
Type:
Announced:400.0
Merger
09/04/08US - Novolipetsk Steel OJSC {NLMK} definitively agreed to acquire all the outstanding stock of Beta Steel Corp, a manufacturer of steel products, for $400 mil in cash. The transaction was subject to regulatory approvals.
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