Brief: Russel Metals To Acquire Seven Service Centers In Western Canada And The Us Ne From Samuel, Son & Co., Limited

Russel Metals

04/12/2023 12:55

Dec 4 (Reuters) - Russel Metals Inc  RUS.TO :
    * RUSSEL METALS TO ACQUIRE SEVEN SERVICE CENTERS IN WESTERN
CANADA
AND THE US NE FROM SAMUEL, SON & CO., LIMITED
    * RUSSEL METALS INC - PROPOSED DEAL FOR ESTIMATED PURCHASE
PRICE
OF $225 MILLION
    * RUSSEL METALS INC: TRANSACTION WILL BE FINANCED FROM CASH
ON
HAND, WHICH TOTALED $569 MILLION ON SEPTEMBER 30

Source text for Eikon:  ID:nPn2tDcjza 
Further company coverage:  RUS.TO 

 ((Reuters.Briefs@thomsonreuters.com;))