Sumitomo to acquire 100% stake in Edgen Group - MarketLine Financial Deals

Sumitomo to acquire 100% stake in Edgen Group

Sumitomo to acquire 100% stake in Edgen Group - MarketLine Financial Deals
Sumitomo to acquire 100% stake in Edgen Group
Published Oct 01, 2013
6 pages — Published Oct 01, 2013
Price US$ 20.00  |  Buy this Report Now

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Abstract:

Sumitomo Corporation and Sumitomo Corporation of America (SCOA) have entered into an agreement to acquire all the outstanding shares of Edgen Group, Inc., a US-based distributor of steel pipe and valves to the energy sector, for $12 per share in cash. The total transaction is estimated to be valued at approximately $227.37 million.

  
Source:
Document ID
MA142359_131007
Country
Country
Ticker
8053=JP
Ticker
EDG=US
Company
Format:
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Sumitomo to acquire 100% stake in Edgen Group" Oct 01, 2013. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Sumitomo-to-acquire-100-stake-in-Edgen-Group-2052-97997>
  
APA:
MarketLine Financial Deals. (2013). Sumitomo to acquire 100% stake in Edgen Group Oct 01, 2013. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Sumitomo-to-acquire-100-stake-in-Edgen-Group-2052-97997>
  
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