Nucor of the U.S. Acquires HSS Steel Tubing Manufacturer

摘要

Nucor Corporation of the U. S., the largest electric steelmaker in the U.S., announced on December 6 that it hasagreed to acquire Southland Tube for approximately $130 million or approximately 8x average EBITDA or EarningsBefore Interest, Taxes, Depreciation and Amortization over the past 5 years.