Thursday, May 3, 2007

UPDATE 1-Swedish steelmaker SSAB to buy Ipsco for $7.7 bln

(Reuters) - SSAB is offering $160 a share for Ipsco, a 7.7 percent premium over its closing price on Wednesday.

Ipsco, which has major operations in western Canada, is headquartered in Lisle, Illinois.


Read more at Reuters.com Mergers News

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