Bekaert buys controlling stake in Latin America JV
ERJ staff report (DS)
Kortrijk, Belgium -- Bekaert and its partners in Chile have restructured their sharehodlings in a series of joint venture operations in Chile, Peru and Canada. As a result, Bekaert has gained a 52-percent controlling stake in the operations.
The operations cover mainly steel wire and steel rope, rather than steel cord.
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Press release from Bekaert
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