Benteler terminates the previously-announced sale to Tenaris of its Shreveport, Louisiana pipe manufacturing plant
06 February 2023 - 5:20AM
Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) announced
today that Benteler North America Corporation has exercised its
right to unilaterally terminate, effective immediately, the
previously-announced agreement for the sale to Tenaris of 100% of
the shares of U.S. steel pipe producer Benteler Steel & Tube
Manufacturing Corporation.
Tenaris is a leading global supplier of steel
tubes and related services for the world’s energy industry and
certain other industrial applications.
Giovanni
SardagnaTenaris1-888-300-5432www.tenaris.com
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