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COGNICURRENT

Jan 16 • 12:29 UTC • 🇩🇪 Germany • SZ

Industry: US corporation buys traditional company from the Ruhr

The 1906-founded steel dealer Klöckner & Co. is being sold to Ohio's Worthington Steel, with a deal that offers Klöco shareholders an 80% premium per share.

#steel #mergers #usa #germany #business
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