Posted in | News | Ferrous Alloys and Metals | Business | Iron and Steel | Building and Construction

Bluescope Steel Receive Antitrust Approval in their Bid to Acquire Butler Manufacturing

Mar 16 2004

Australian-based Bluescope Steel, formerly BHP Steel have received antitrust clearance from the Federal Trade Commission for their recently reported proposal to acquire Butler Manufacturing, a world leader in the manufacture of pre-engineered building systems.

The acquisition of the US-based firm will cost Bluescope $204 million and they will assume a net debt of $60 million.

For more information on steel in building applications, click here.

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