TMK: Announces 3Q 2020 Operational Results
TMK, one of the world’s leading producers of tubular products for the oil and gas industry (the “Group’), announces its operational results for the third quarter and first nine months of 2020. The Group’s results include the operational results of the Russian and European divisions represented by production assets located in …
TMK Announces the U.S. Department of Justice Approved Tenaris’s Acquisition of IPSCO Tubulars from TMK
PAO TMK announces that the U.S. Department of Justice (DOJ) has closed its investigation of Tenaris’s proposed acquisition of IPSCO Tubulars, Inc. from PAO TMK. The proposed transaction was entered into on March 22, 2019 pursuant to a Stock Purchase Agreement between PAO TMK, one of the world’s leading producers …
TMK to Sell Ipsco Tubulars Inc.
PAO TMK announces that it has signed the Stock Purchase Agreement with Tenaris, a manufacturer of seamless and welded pipe, for the sale of 100% of the shares of IPSCO Tubulars Inc. for an aggregate, cash free, debt-free price of US$ 1,209 million, which includes $270 million of working capital. The completion of the …