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IPSCO completes acquisition of NS Group.

Publication: Metal Center News
Publication Date: 01-JAN-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: IPSCO completes acquisition of NS Group.(METAL INDUSTRY NEWS)

Article Excerpt
IPSCO Inc., Lisle, Ill., has completed the acquisition of Newport, Ky.-based NS Group for approximately $1.46 billion.

IPSCO financed the acquisition through a combination of cash on hand and debt obtained under a $1.1 billion syndicated credit facility. IPSCO claims this acquisition makes it the leading North American supplier...

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