Posts tagged as:

acquisition costs

Severstal’s acquisition of Sparrow’s Point

May 13, 2008

Severstal recently closed its acquisition of the Sparrow’s Point mill owned by ArcelorMittal.  The price paid by Severstal, $810 million, works out to just over $200 per ton of installed steel making capacity.  This is well below what assets have been selling for in North America.  As can be seen in the graph below, the […]

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US Steel’s acquisition of Stelco – what did US Steel pay?

August 27, 2007

The attached spreadsheet has a quick analysis of what US Steel paid, in total and $/ton of capacity. Most news reports seem to include only the cost of Stelco equity, this spreadsheet adds in the assumed debt. stelco-acquisition.xls

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