Brief: Stalprodukt Starts Review Of Strategic Options

Stalprodukt SA

09/10/2020 15:50

Oct 9 (Reuters) - Stalprodukt SA  STP.WA :
    * STARTS REVIEW OF STRATEGIC OPTIONS
    * ONE OF STRATEGIC OPTIONS UNDER CONSIDERATION IS SALE OF
ASSETS
OR INDIVIDUAL OPERATING SEGMENTS
    * UNDER REVIEW ALSO CONSIDERS SETTING UP JOINT-VENTURE WITH
SELECTED PARTNER
    * SHUTDOWN OF BLAST FURNACE BY ARCELORMITTAL MAY HAVE
NEGATIVE
IMPACT ON CO'S SUPPLY CHAIN IN LONG TERM
    * CO'S CURRENT FINANCIAL STANDING IS STABLE AND REQUIRES NO
RESTRUCTURING

Source text for Eikon:  ID:nEM32x0KZa 
Further company coverage:  STP.WA 

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