Tenaris to buy U.S. steel pipe producer for $460 million
Tenaris SA said on Thursday it would acquire U.S. seamless steel pipe producer Benteler Steel Tube Manufacturing Corp for $460 million as the Luxembourg-based company seeks to expand its manufacturing capabilities in the country. Tenaris, a global manufacturer of steel pipes, will acquire 100% of Benteler Steel on a cash-free, debt-free basis, which includes […]
Tenaris to buy U.S. steel pipe producer for $460 million
Tenaris SA said on Thursday it would acquire U.S. seamless steel pipe producer Benteler Steel Tube Manufacturing Corp for $460 million as the Luxembourg-based company seeks to expand its manufacturing capabilities in the country. Tenaris, a global manufacturer of steel pipes, will acquire 100% of Benteler Steel on a cash-free, debt-free basis, which includes […]