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News: ARI Kordamentha Restructuring to sell Arrium divisions to GFG Alliance

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    05/07/17
    11:25
    Post #: 25674954

    July 5 (Reuters) - Kordamentha Restructuring

    • Agreement signed to save Arrium Australia and Whyalla-ari.ax
    • Signed agreement for sale of Arrium manufacturing, distribution and recycling, Whyalla steelworks and mining divisions
    • Kordamentha restructuring announces sale of Arrium divisions to GFG Alliance
    • Says sale is subject to approval by Arrium committee of creditors and foreign investment review board
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