Turkey’s Borusan Mannesmann Begins Negotiations on Europipe’s US Subsidiary Acquisition
Turkey’s largest steel pipe producer Borusan Mannesmann’s US subsidiary, Borusan Mannesmann Pipe US Inc. has initiated negotiations with German steel pipe producer Europipe GmbH for acquisition of Europipe’s US subsidiary, Berg Europipe Holding Corp. Reportedly, a non-binding letter of intent was signed between the parties on March 2 and the necessary negotiations for a binding […]