BRIEF-BlueScope Steel to buy certain ops of Fletcher Building's PSG

Mon, 17 Feb - 6:35am

Feb 17 (Reuters) - BlueScope Steel Ltd BSL.AX :

* Acquisition of New Zealand downstream long-products business

* Deal for NZ$60 million

* Says half of the acquisition price will be paid upfront and the other half in the second half of CY2015

* Acquisition price also includes working capital

* Agreed to acquire downstream long-products rolling and marketing operations of fletcher building's pacific steel group

* Source text for Eikon News Search ID:nASX3bCsKJ News Search ID:nASXbgK1DP

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URN: 
urn:newsml:reuters.com:20140216:nWNBS00BOD:7
Topics: 
AU CMPNY MINE ASIA BLR DEAL1 LEN RTRS MRG BACT MIN BMAT STL MTAL STEE

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