Brief: Olympic Steel Acquires Central Tube & Bar

Olympic Steel

02/10/2023 14:38

Oct 2 (Reuters) - Olympic Steel Inc  ZEUS.O :
    * OLYMPIC STEEL ACQUIRES CENTRAL TUBE & BAR
    * OLYMPIC STEEL INC: FOLLOWING ACQUISITION OF CTB, OLYMPIC
STEEL'S
TOTAL DEBT UNDER ITS REVOLVING CREDIT FACILITY IS APPROXIMATELY
$234 MILLION
    * OLYMPIC STEEL INC - TERMS WERE NOT DISCLOSED.
    * OLYMPIC STEEL INC - ALL-CASH PURCHASE IS EXPECTED TO BE
IMMEDIATELY ACCRETIVE.

Source text for Eikon:  ID:nBw5mPZmra 
Further company coverage:  ZEUS.O 

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