Today announced that regulatory and program approvals under the Investment Canada Act and Strategic Innovation Fund have been received for Cleveland-Cliffs’ pending acquisition of Stelco, representing the final regulatory approvals required to complete the Transaction. With these approvals in hand, the Transaction can now proceed toward closing. The Transaction is currently scheduled to close on November 1. Stelco Holdings Inc. shares T.STLC are trading up $0.13 at $68.60.
Stocks in play: Stelco Holdings Inc.
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