Acerinox Sells Malaysian Subsidiary for $95 Million
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Acerinox Sells Malaysian Subsidiary for $95 Million

Acerinox (ES:ACX) has released an update.

Acerinox, S.A. has signed a deal to sell its Malaysian subsidiary Bahru Stainless Sdn. Bhd. to Worldwide Stainless Sdn. Bhd. for $95 million, with the transaction’s completion expected by the end of November 2024.

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