Belgian multinational steelmaker Bekaert has announced the sale of its steel wire operations in Chile and Peru to its current partners. This transaction, worth approximately $350 million and netting the company $136 million, is expected to close this year.
Bekaert currently owns 52% of the shares of Chilean enterprises and 38% of Peruvian ones. The proceeds from this transaction will strengthen Bekaert's balance sheet and support investment plans for further growth.
Bekaert sells its steel business in Chile and Peru
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Azovpromstal® 6 March 2023 г. 10:05 |
