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Symmetry Holdings to acquire Novamerican Steel for US$582.2 million
June 22, 2007
Symmetry Holdings Inc. and Novamerican Steel Inc. announced that they have entered into a definitive agreement whereby Symmetry will acquire all of the issued and outstanding shares of Novamerican for US$585.2 million, or $56 per share, in cash. Ogilvy Renault LLP represented the independent committee of Novamerican Steel with a team composed of
Paul Raymond and Steve Malas (M&A and Securities); Louis Gouin (Banking); Ruth Wahl and James Johnson (Research and Advisory); Jean-Charles René (Insurance); and Marie-Claude Mailloux and Meghan Stewart (Corporate).
Contacts
Peter Zvanitajs - Toronto
Senior Advisor, Media Relations
416.216.1871
pzvanitajs@ogilvyrenault.com
Joanne Lajeunesse - Montréal
Director, Marketing and Media Relations - Quebec Region
514.847.4723
jlajeunesse@ogilvyrenault.com
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