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Acerinox Gains Key US Approval for Acquisition
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Acerinox Gains Key US Approval for Acquisition

Acerinox (ES:ACX) has released an update.

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Acerinox, S.A. has announced the successful authorization by the United States Committee For Foreign Investments for its acquisition of Haynes International Inc., following prior approval by the Department of Justice and favorable reviews from European countries. The transaction is now only awaiting the decision from competition authorities in Austria and the United Kingdom, expected in the fourth quarter.

For further insights into ES:ACX stock, check out TipRanks’ Stock Analysis page.

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