Stelco considers sale of entire company
Article Abstract:
Stelco Inc. executives are looking forward at selling the entire company as one of five choices for raising money and emerging from creditor protection. The other four options for raising money are a new equity offering, sales of non-core assets, including subsidiaries, joint ventures and taking on new debt, potentially in combination with an equity sale.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2004
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Deutsche Bank's takeover bid for Stelco gets court's approval
Article Abstract:
The $900-million Deutsche Bank AG plan to recapitalize Stelco Inc. is approved by the Ontario Superior Court, making way for the legally insolvent steel maker. Mr. Justice James Farley warned that any potential buyer would have to address Stelco's pension shortfall of almost $1-billion.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2004
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Stelco nears deal to sell 3 units to Mittal
Article Abstract:
The plans of Stelco Inc., to sell its subsidiaries Stelwire Ltd., Stelfil Ltee and Norambar Inc. to Mittal Steel Company NV, are examined.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2005
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