The Online Investor
Non-Precious Metals & Non-Metallic Mining M&A image Non-Precious Metals & Non-Metallic Mining M&A » By The Online Investor Staff, updated Tue., Feb. 18, 2:59 AM Recent mergers and acquisitions in the Non-Precious Metals & Non-Metallic Mining M&A category.

Slide #27. Reliance Steel & Aluminum Co. Metals USA Holdings Corp.

Acquirer: Reliance Steel & Aluminum Co. (RS)
Acquiree: Metals USA Holdings Corp. (MUSA)
Details: Reliance Steel & Aluminum Co. (NYSE:RS) and Metals USA Holdings Corp. (NYSE:MUSA) today announced a definitive merger agreement whereby Reliance Steel & Aluminum Co. ("Reliance") will acquire all outstanding shares of Metals USA Holdings Corp. ("Metals USA") for $20.65 per share in cash, representing an enterprise value of approximately $1.2 billion. The transaction is expected to close in the second quarter of 2013. Metals USA's assets at December 31, 2012 and sales for the year then ended were approximately $1.0 billion and $2.0 billion, respectively. Upon completion of the acquisition, Reliance will have total assets of over $6.5 billion and annual sales of over $10.0 billion.

Reliance Steel & Aluminum is a metals service center company. Co. provides metals processing services and distributes a line of metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and specialty steel products, to its customers in a range of industries, including general manufacturing, non-residential construction (including infrastructure), transportation (rail, truck trailer and shipbuilding), aerospace and defense, energy (oil and gas), electronics and semiconductor fabrication, and heavy industry (agricultural, construction and mining equipment). Co. also services the auto industry, primarily through its toll processing operations.

RS SEC Filing Email Alerts Service


Open the RS Page at The Online Investor »

Reliance Steel & Aluminum is a metals service center company. Co. provides metals processing services and distributes a line of metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and specialty steel products, to its customers in a range of industries, including general manufacturing, non-residential construction (including infrastructure), transportation (rail, truck trailer and shipbuilding), aerospace and defense, energy (oil and gas), electronics and semiconductor fabrication, and heavy industry (agricultural, construction and mining equipment). Co. also services the auto industry, primarily through its toll processing operations.

RS SEC Filing Email Alerts Service


Open the MUSA Page at The Online Investor »

Company Name: 
Reliance Steel & Aluminum Co.
Website: 
www.rsac.com
Sector: 
Non-Precious Metals & Non-Metallic Mining
Number of ETFs Holding RS: 
77
Total Market Value Held by ETFs: 
$1.13B
Total Market Capitalization: 
$7.76B
% of Market Cap. Held by ETFs: 
14.61%
Company Name: 
Murphy USA Inc
Stock buyback: 
MUSA buyback
Website: 
www.murphyusa.com
Sector: 
Department Stores
Number of ETFs Holding MUSA: 
51
Total Market Value Held by ETFs: 
$501.15M
Total Market Capitalization: 
$3.23B
% of Market Cap. Held by ETFs: 
15.51%
 

Quotes delayed 20 minutes


Non-Precious Metals & Non-Metallic Mining M&A - Slide 27 of 47 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.