The United States Department of Justice has closed its anti-trust review of Tenaris' acquisition of Ipsco Tubulars, clearing the way for the completion of the purchase from Russia's TMK, Tenaris said in a statement on Tuesday December 17.
"Tenaris expects to be able to consummate the transaction shortly," the Luxembourg-based company said in its statement. In March, Tenaris agreed to buy Ipsco - TMK's...