Edition:
United States

Arrium Ltd (ARI.AX)

ARI.AX on Australia Stock Exchange

0.02AUD
--
Change (% chg)

-- (--)
Prev Close
$0.02
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
--
52-wk High
$0.07
52-wk Low
$0.01

Select another date:

Fri, Nov 4 2016

Photo

POSCO's venture capital unit bidding for Arrium steelworks

SEOUL POSCO Capital, a venture capital arm of South Korean steelmaker POSCO, has put in a bid to acquire Australia's Arrium Ltd steelworks, a spokesman at POSCO told Reuters on Friday.

BRIEF-Arrium Ltd announces sale of U.S.-based Moly-Cop division

* Under terms of share sale agreement total enterprise value is $1.23 billion Source text for Eikon: Further company coverage:

Australia's Arrium sells Moly-Cop for $1.2 billion to American Industrial Partners

SYDNEY Australian industrial group Arrium has sold its Moly-Cop unit for $1.2 billion to private equity firm American Industrial Partners, a spokesman for KordaMentha told Reuters.

Australia's Arrium sells Moly-Cop for $1.2 billion to American Industrial Partners

SYDNEY, Nov 4 Australian industrial group Arrium has sold its Moly-Cop unit for $1.2 billion to private equity firm American Industrial Partners, a spokesman for KordaMentha told Reuters.

UPDATE 1-Arrium's Moly-Cop sold for $1.23 bln to private equity firm-sources

* Still seeks buyer of Australian unit (Adds details of sale process)

Arrium's Moly-Cop division sold for $1.23bln - report

SYDNEY, Nov 4 Moly-Cop, a division of troubled Australian steelmaker Arrium, has been sold to U.S. private equity firm American Industrial Partners for $1.23 billion, The Australian Financial Review reported on Friday without saying where it got the information.

UPDATE 1-POSCO says not a bidder for Australia's Arrium steelworks

SYDNEY/SEOUL, Nov 3 South Korea's POSCO said on Thursday it has not bid to acquire Australia's Arrium Ltd steelworks, but is trying to sell the group technology, differing from comments by a senior Australian minister that said POSCO is in the running.

Sale of Arrium's Moly-Cop unit imminent - source

SYDNEY, Nov 3 A deal to sell the Moly-Cop division of troubled Australian steel group Arrium Ltd could be sealed in the next 24 hours, a source close to the matter said on Thursday.

Select another date: