S+B raises offer to acquire French steelmaker Ascometal

By Viral Shah / January 18, 2018 / www.metalbulletin.com / Article Link

Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) has increased the value of its bid to acquire a substantial part of French speciality steelmaker Asco Industries (Ascometal), it said late on Thursday January 18.

S+B's has bid a total of ?,?195 million ($238.61 million) for Ascometal, including an ?,?82 million investment in the production facilities over the next four years, it said.This...

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