Notable Mergers and Acquisitions of the Day 07/21: (AKS) (STLD) (CBSO) - InvestingChannel

Notable Mergers and Acquisitions of the Day 07/21: (AKS) (STLD) (CBSO)

Notable Mergers and Acquisitions of the Day:

  • AK Steel (NYSE: AKS) signed an agreement to acquire Severstal North America’s integrated steelmaking assets located in Dearborn, Michigan for $700 million in cash. The acquisition also includes a cokemaking facility and interests in three joint ventures that process flat-rolled steel products. MORE
  • Steel Dynamics, Inc. (NASDAQ: STLD) entered into a definitive agreement to acquire 100% of Severstal Columbus, LLC (“Columbus”) from OAO Severstal. Located in northeast Mississippi, Columbus is one of the newest and most technologically advanced mini-mills in North America. Steel Dynamics will purchase Columbus for $1.625 billion in cash,