Tenaris Strikes EUR 86M Deal for Two Romanian Pipe Facilities
3 Articles
3 Articles
The multinational giant Tenaris, listed on the New York and Milan stock exchanges, the world's largest producer of pipelines for oil drilling, buys Artrom Steel Tubes, the most important Romanian producer of seamless steel pipes, the owner and operator of the Slatina plant and the steelworks at Resița, which sum up annual revenues of ...
Tenaris S.A. has entered into a definitive agreement to acquire 100% of the share capital of Artrom Steel Tubes S.A. from GLGH Steel, a company based in the USA, for a total price of EUR 86 million. The transaction is subject to customary regulatory conditions, with the approval of the competition authorities of the European Union and […] The article Global giant Tenaris buys Romanian pipe manufacturer Artrom Steel Tubes first appeared in CursDe…
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