Acerinox (ES:ACX) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Acerinox, S.A. has signed a contract to sell its subsidiary, Bahru Stainless Sdn. Bhd., to Worldwide Stainless Sdn. Bhd. for $95 million, with the deal expected to close by the end of November 2024. This move follows Acerinox’s earlier announcement regarding the cessation of Bahru Stainless’s activities.
For further insights into ES:ACX stock, check out TipRanks’ Stock Analysis page.
