IDC to sell controlling stake in Scaw's rolled products and wire rod businesses to BSP

The Industrial Development Corporation (IDC) has reached an agreement with the Barnes Southern Palace Consortium (BSP) to sell a controlling interest in Scaw Metals' rolled products and wire rod products businesses. BSP has applied for approval from South African competition authorities.

“BSP will acquire a controlling interest in Scaw’s Rolled Products and Wire Rod Products business.”metalworkingnews.info

• 1 source
• metalworkingnews.infoIDC starts to sell off struggling Scaw units | Metalworking NewsAug 24, 2017

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