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Acerinox Sells Bahru Stainless for $95 Million
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Acerinox Sells Bahru Stainless for $95 Million

Acerinox (ES:ACX) has released an update.

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Acerinox has signed a contract to sell its Bahru Stainless plant in Malaysia to Worldwide Stainless for $95 million, with the operation set to close by the end of November 2024. The sale represents a strategic decision aimed at safeguarding the interests of employees, customers, and the community.

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

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