| Ontario Court approves U.S. Steel's plan to separate Canadian unit | |
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Oct 9 (Reuters) - United States Steel Corp said on Friday the Ontario Superior Court of Justice has approved the separation of the company from its Canadian unit. The U.S. steelmaker said that it will not be generating any sales on behalf of U.S. Steel Canada and will help the Canadian unit with the transition process. According to the agreement, the Canadian unit could enter a new sale or restructuring process. Pittsburgh-based steelmaker had applied for relief from creditors under Canada's Companies' Creditors Arrangement Act for its Canadian operations last year, after reporting a total operating loss of about $2.4 billion. U.S. Steel's shares close at $12.38 on Friday. The stock had lost more than half its value this year. (Reporting by Sneha Banerjee in Bengaluru; Editing by Bernard Orr)
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United States Steel Corporation
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CODE : X |
ISIN : US9129091081 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
United States Steel est une société de production minière de fer et de étain basée aux Etats-Unis D'Amerique. United States Steel est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 6,4 milliards US$ (5,7 milliards €). La valeur de son action a atteint son plus bas niveau récent le 28 mars 2003 à 10,01 US$, et son plus haut niveau récent le 30 novembre 2007 à 98,85 US$. United States Steel possède 176 184 431 actions en circulation. |