Announced that the Canadian Competition Bureau has issued a “no-action letter”, confirming that the Commissioner of Competition does not intend to challenge Cleveland-Cliffs’ pending acquisition of Stelco. The acquisition is expected to be completed in the fourth quarter of 2024 following the satisfaction or waiver of the remaining closing conditions. Stelco Holdings Inc. shares T.STLC are trading up $0.36 at $67.59.
Stocks in play: Stelco Holdings Inc.
Baystreet.ca - Baystreet - Contributor Content
This article could contain syndicated content. We have not reviewed, approved, or endorsed the content and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here