A. M. Castle, Duferco Steel Announce Ownership Transfer Of Kreher Steel Business

9 August 2016

* A. M. Castle & co. And duferco steel, inc. Announce ownership transfer of kreher steel business

* Agreement by which castle will sell its 50% joint venture ownership in partners' kreher steel business to duferco

* a. m. Castle & co says castle will receive approximately $31.6 million as a result of transaction

* a. m. Castle & co says upon completion of transaction, duferco will become 100% owner of Kreher.


Source : reuters.com