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Sims to sell UK metal business to Unimetals for 195 mln pounds
Deal seen completing before end of Q1 (Il Sole 24 Ore Radiocor) - Sydney, 12 Aug - The Australian metals recycling company Sims said that it has entered into a binding agreement to sell its UK metal business to Unimetals for total after tax cash proceeds of approximately 195 million pounds.
The transaction brings to a conclusion of the strategic review announced on November 22, it added.
The transaction is expected to complete before the end of the first quarter of 2025.
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(RADIOCOR) 12-08-24 16:35:19 (0335) 5 NNNN