World News: 13:00 GMT Friday 11th January 2019. [Constellium Paris via Globe Newswire via SPi World News]
AMSTERDAM, the Netherlands, Jan. 11, 2019 (GLOBE NEWSWIRE) -- Constellium N.V. (NYSE: CSTM) announced today that it completed the previously disclosed purchase of Tri-Arrows Aluminum Holding Inc.’s (TAAH) 49% stake in Constellium-UACJ ABS, LLC (CUA) for $100 million plus the assumption of 49% of approximately $80 million of third party debt at CUA.
Constellium (NYSE: CSTM) is a global sector leader that develops innovative, value added aluminium products for a broad scope of markets and applications, including automotive, aerospace and packaging. Constellium generated €5.2 billion of revenue in 2017.
Globe Newswire: 13:00 GMT Friday 11th January 2019
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 0751938.