Report
Baptiste Lebacq

Vallourec : Apollo Out / ArcelorMittal In

>Apollo cède sa participation de 28.4% à ArcelorMittal - ArcelorMittal a annoncé hier avoir signé un accord pour l’acquisition de 65 243 206 actions, représentant environ 28,4% du capital de Vallourec, au prix de 14,64 € l’action auprès d’Apollo Global Management, Inc. Ceci fait ressortir une décote de 1.3% versus le dernier cours. Pour rappel, le fonds Apollo était entré dans le capital de Vallourec lors de la restructuration financière via la conversion de la d...
Underlying
Vallourec SA

Vallourec SA is a France-based company, which specializes in the production of seamless and welded steel tube products for industrial applications. It operates through two segments: Seamless Tubes and Specialty Products. For the oil and gas industry, it designs and develops a comprehensive range of products including seamless tubes and connections for drilling operations, line pipes and well equipment. For the power generation market, it offers tubes that withstand severe temperature and pressure conditions. Its solutions enable power companies to meet the challenges of energy efficiency and reduce CO2 emissions in power plants. It also offers a wide range of tubes for petrochemical installations (refineries), for mechanical engineering applications (hydraulic cylinders and machine tools), for the automotive industry, for construction (stadiums, other complex buildings and structures) and for various other industrial sectors. It operates through Vallourec Solucoes Tubulares do Brasil.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Baptiste Lebacq

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