Following a Memorandum of Understanding in September 2017, Tata Steel and thyssenkrupp AG have signed definitive agreements to combine their European steel businesses in a 50/50 joint venture in a new company.
Magnitogorsk Iron and Steel Works (MMK) operated its coated steel facilities at maximum capacity utilisation in 2017.
The Sherwin‐Williams Company has announced it has completed its acquisition of The Valspar Corporation.
The Association of European Producers of Steel for Packaging (Apeal) has welcomed the launch of Metal Packaging Europe as an overarching European association that brings together manufacturers, suppliers, and national associations, to promote the beneﬁts of rigid metal packaging.
Advanced Vision Technology (AVT) has announced that it has entered into a merger agreement with Pelican Merger Holdings Israel, in accordance to which it will be acquired by Danaher Corporation’s Product Identification Platform.
SABMiller has been informed by Anheuser-Busch that the Competition Commission of South Africa has completed its investigation and recommended to the Competition Tribunal that Anheuser-Busch’s proposed combination with SABMiller be approved with conditions.