Cargill sells a number of its steel operations for $266 million
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Cargill Inc. in Minnetonka has sold eight of its steel-making facilities, including operations in St. Paul and Duluth, to Gerdau Ameristeel in Toronto for a total of $266 million.
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U.S. investment fund Steel Partners II  on Thursday offered to buy 90 percent of Gencorp Inc. GY.N it  does not already own for about $700 million, driving shares to  highs not seen in more than five years.
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Dutch steelmaker LNM Group says it&#39;s buying US-based International Steel Group to create one of the largest steel companies in the world.
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Arcelor Mittal, the world's biggest steel group, has secured a new credit line of 17 billion euros (22.6 billion dollars) with a syndicate of 26 banks.
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Lakshmi Mittal, who is based in the UK, yesterday set his seal on the consolidation of the global steel industry with a $17.8bn (Â£10bn) double merger to create the world&#39;s largest producer.
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MORRISONS is to hand over 114 of its smaller Safeway stores to rival Somerfield as part of a Â£260m deal. Morrisons said the sale would let it concentrate on the larger Safeway stores that it acquired and
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ArcelorMittal , the world&#39;s  largest steelmaker, said on Thursday it had received clearance  from U.S. competition authorities to sell its Sparrows Point  plant for an enterprise value of $1.35 billion.
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A County Antrim haulage company which went bankrupt with the loss of 200 jobs is selling its fleet.
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ThyssenKrupp, the German engineering group buoyed by soaring steel prices, sold off a core element of its philanthropic past yesterday by disposing of its entire stock of company homes for employees for â¬2.1bn (Â£1.45bn).
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Canadian aluminum producer Alcan Inc. reported Thursday that it agreed to sell its ferroalloy division Pechiney Electrometallurgie to Ferroatlantica for more than 100 million euro ($136.2 million).
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Wilbur Ross used US government protection to merge four bankrupt steelmakers into a company so profitable he&#39;s selling it for $4.5 billion.
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Stelco, Canadaâs last domestically owned steel maker, said it was in early talks that might lead to its sale.
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Company to sell 32-inch and 37-inch sets.
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ABB, the Swiss engineering company, will sell an oil and gas production plant, Lummus Global, to the Chicago Bridge and Iron Company for $950 million, ABB said. The buyout, subject to approval by regulators and Chicago Bridge shareholders, is expected to close in the fourth quarter, ABB said. ABBâs chief executive, Fred Kindle, said the sale was the final step in his companyâs strategy to focus on power and automation technology. Lummus Global provides proprietary process technologies, project management, engineering and procurement services to the oil and gas industry. It has 2,400 employees and reported sales of $988 million last year. Chicago Bridge is based in the Netherlands.
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The four networks have been bought by consortia which include Scottish &amp; Southern Energy and United Utilities. Transco said that it would return about Â£2bn to shareholders following the sale and would increase its dividend for the current year by 20%.
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A Dutch steelmaker led by billionaire Lakshmi Mittal is buying U.S.-based International Steel Group Inc. for about $4.5 billion in cash and stock in a deal that would make it one of the largest steel companies in the world.
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Wilbur Ross, whose buyout firm created International Steel less than two years ago, is selling the company to Lakshmi N. Mittal, the billionaire steel tycoon, for $4.5 billion.