Special Metals agrees to acquire Inco Alloys International
Special Metals Corp. (SMC), New Hartford, N.Y., entered into a definitive agreement with Inco Ltd. to acquire its Inco Alloys International (IAI) business unit for $408 million in cash. The acquisition is expected to close within 60 days. IAI, Huntington, W. Va., makes nickel-based alloys for a...
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