CFIUS Approval Obtained for the Planned Merger of North American Stainless, Inc. and Haynes International, Inc.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 28 2024
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Source: Newsfilter
- Merger Approval: Haynes International, Inc. has received clearance from CFIUS for its planned merger with North American Stainless, Inc.
- Merger Details: The merger involves the merging of Merger Sub into Haynes International, Inc., making it a wholly owned subsidiary of Parent.
- Regulatory Approvals: The merger is pending regulatory approval in the United Kingdom and Austria, with other necessary approvals already obtained.
- Forward-Looking Statements: The press release contains forward-looking statements regarding the benefits and timing of the merger.
- Cautionary Note: The company warns that actual results may differ due to various risks and uncertainties beyond their control.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
