Wieland Group to acquire Global Brass and Copper for $44 per share

Wieland Group will acquire all outstanding shares of Global Brass and Copper Holdings in an all-cash transaction valued at $44 per share, representing a 27% premium. The deal is expected to close in the second half of 2019.

“The transaction brings together two highly complementary companies with diverse product offerings across copper and copper alloy strip and sheet, rod, foil, wire, tube and fabricated components.”wieland-metalservices.com

• 2 sources
• wieland-metalservices.comWieland Group and Global Brass and Copper Announce Definitive Merger Agreement - Wieland Metal Servicesmarketing-wieland-metal-serviceApr 10, 2019
• wieland-chase.comWieland Group and Global Brass and Copper Announce Definitive Merger AgreementKaren WellsApr 10, 2019

Summarized from public sources; check the original articles before acting on it.