Corus steps closer to sale
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Manufacturing News, Source : TheManufacturer.com
Published : 23 Oct 2002 10:06
The Anglo-Dutch group Corus announced today that it had provisionally agreed to sell the majority of its aluminium assets to Pechiney of France.
The deal, worth 861m euros, forms part of Corus’s plans to leave the aluminium market by the end of 2002 to concentrate on its carbon steel business instead.
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