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JMC Steel Group completed the acquisition of Lakeside Steel Inc. for CAD $0.2983 per share in cash, with a total deal value in excess of $150 million. Lakeside is a diversified steel pipe and tubing manufacturer with facilities in Canada and the US.
“JMC Steel Group, Inc. is the largest independent steel tubular manufacturer in North America, producing more than 2 million tons of pipe and tubular products a year.”fasken.com
Summarized from public sources; check the original articles before acting on it.