Stelco Holdings Inc (TSE:STLC) has released an update.
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Stelco Holdings Inc. is set to be acquired by Cleveland-Cliffs Inc. after successfully passing a significant regulatory checkpoint with the expiration of the Hart-Scott-Rodino (HSR) Antitrust waiting period. The completion of the acquisition is anticipated in the fourth quarter of 2024, pending customary closing conditions and approvals. Stelco is recognized for its advanced and cost-efficient steelmaking facilities in North America, catering to various industries and committed to diversity and inclusion.
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