Wieland completes GBC merger

July 18, 2019 / www.metalbulletin.com / Article Link

Germany's Wieland Group has completed its previously announced acquisition of Global Brass & Copper (GBC), the company said in a statement on Tuesday July 16.

Wieland, a supplier of semi-finished copper and copper alloy products, had announced in April this year it would acquire Schaumburg, Illinois-based GBC's outstanding shares for $44 apiece.GBC shares ceased trading on the New York Stock Exchange prior to market open on July 16 and will be delisted, according...

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