Nasdaq

Russel Metals and Marubeni-Itochu To Merge Their Canadian OCTG/Line Pipe Businesses

Complementary Businesses to Create Greater Scale and Broaden Product Mix Russel Metals to Realize $138 Million of Cash Proceeds and Retain a 50% Equity Interest Over the past several years, the macro ...
Yahoo Finance

Russel Metals And Marubeni-Itochu Agree To Combine Canadian OCTG/Line Pipe Units

Russel Metals Inc and Marubeni-Itochu Tubulars America Inc (MITI) have agreed to merge their Canadian OCTG/line pipe businesses. Russel Metals will retain a 50% stake in the combined entity. Russel ...
Zawya

Shoaibi, Drilltec sign JV to manufacture thread protection products for the OCTG industry in KSA and Bahrain

Holding Corporation to form Drilltec S. A. Ltd. Drilltec S.A. will set up a local manufacturing facility to manufacture and sell Drilltec's thread protectors and related products and services ...
Nasdaq

Russel Metals and Marubeni-Itochu Complete Merger of Their Canadian OCTG/Line Pipe Businesses

TORONTO, July 7, 2021 /PRNewswire/ - Russel Metals Inc. (TSX: RUS) announces that it has closed the previously announced transaction with Marubeni-Itochu Tubulars America Inc. ("MITI"), whereby Russel ...
Canadian Manufacturing

Russel Metals and Marubeni-Itochu to merge their OCTG/line pipe businesses

Russel Metals will contribute net assets with a book value of approximately $111 million. TORONTO — On Apr. 14, Russel Metals Inc. announced that it had entered into an agreement with Marubeni-Itochu ...