AHMSA and Villacero extend deadline for merger or acquisition deal

Mexican steelmaker AHMSA and Grupo Villacero have extended the deadline to decide on a non-binding merger or acquisition agreement by 90 days. The deal, potentially worth $300-350 million, would consolidate their steel processing and producing capacities.

“The extended 90-day period will allow both parties to have more time to make the needed adjustments to complete the positive advancements both parties have had so far.”steelorbis.com

• 1 source
• steelorbis.comAHMSA and Villacero extend deal deadline for another 90 daysSep 9, 2020

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