Sims Metal: Unimetals acquires Sims UK metal business in 195m deal

Sims has announced that it has entered into a binding agreement to sell its UK Metal business (UKM) to Unimetals Group for £195 million. This includes the value of retained working capital, subject to a completion mechanism linked to net asset value. Completion remains subject to customary completion conditions, including obtaining regularly approvals, and is ... Read More