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Benteler decides to terminate sale of its steel tube plant in Shreveport, Louisiana to Tenaris
Benteler Group (Benteler) announced the termination of the transaction to divest its steel tube plant in Shreveport, Louisiana (USA) to Tenaris, while explaining that the fair value Benteler currently assigns to the Shreveport plant is significantly higher than the purchase price agreed with Tenaris in July 2022. Fol....
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