Longtain Inoxu : sauvetage compromis ?

Article Abstract:

Hoogovens-UGB, which controls 22% of Longtain Inox, refuses to sell its share under the conditions specified by Fafer-Usinor. This puts the Belgian stainless steel piping specialist in big trouble (the company is close to bankruptcy), in a difficult general context for this activity. Longtain Inox first needs to be fully controlled by Fafer-Usinor as part of a rescue programme according to which the company would then be merged with two French colleagues part of the French group Usinor, La Meusienne and Ugine. Today, Fafer is the largest shareholder with 29% while other shareholders include Cockerill Sambre and SRIW .

Comment:

Refuses to sell 22% stake in Longtain Inox to Fafer-Usinor

Asset sales & divestitures, Acquisitions & mergers, Iron and Steel Pipe and Tube Manufacturing from Purchased Steel, Stainless Steel Pipe & Tubing, Steel products, Stainless steel, Longtain Inox, Fafer-Usinor, Hoogovens-UGB

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Cockerill lance un concours sur Internet

Article Abstract:

European secondary schools are given the chance to win GB 1,000 worth of computer equipment in an Internet competition launched by the Belgian iron and steel group Cockerill, a specialist in the production of steel for packaging purposes. The aim of the competition is to encourage a better knowledge amongst schools of the steel-for-packaging industry with emphasis on recycling. Schools can register on http://www.apealschool.org.

Comment:

Gives European secondary schools chance to win GBP1,000 worth of computer equipment in an Internet competition launch by the co

Marketing procedures, Cockerill Sambre S.A.

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