M&A Deal Summary |
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Date | 2014-08-29 |
Target | PSL North America |
Sector | Metals/Mining |
Buyer(s) | Jindal Tubular USA |
Deal Type | Add-on Acquisition |
Deal Value | 104M USD |
Advisor(s) | Duff & Phelps Corp. (Financial) |
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Jindal Tubular is part of the $18 billion O.P. Jindal Group and a U.S. step down subsidiary of Jindal SAW Ltd., which is one of the largest global manufacturers and suppliers of steel and iron pipe products. Jindal SAW’s principal products include large diameter submerged arc pipes and spiral pipes for the energy transportation sector; carbon, alloy, and stainless steel seamless pipes and tubes for use in industrial applications; and ductile iron pipes for water and wastewater transportation.
DEAL STATS | # |
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Overall | 1 of 1 |
Sector (Metals/Mining) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
State (Mississippi) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2014) | 1 of 1 |
Size (of disclosed) | 1 of 1 |