3 de octubre 2007 - 00:00

Tradition ends, Acindar leaves BASE after 60 years

A steel giant
A steel giant
One of the milestones of Argentine stock market will leave Buenos Aires Stock Exchange (BASE). AcelorMittal, current controlling company of Acindar with 65.3 per cent, has launched a cash tender offer to acquire the 34.7% of outstanding shares of said company quoting in domestic market. The ARG$5.75 offer per stock took Acindar to a 13.1-per cent rise.

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