Constellium to buy UACJ’s stake in auto body sheet JV in US
Constellium to supply UACJ subsidiary cold coils from its plant in Kentucky
Constellium has entered a binding purchase agreement with UACJ Corporation and its US subsidiary, Tri-Arrows Aluminum Holding Inc. (TAAH), to buy TAAH’s 49% stake in Constellium-UACJ ABS, LLC (CUA), for USD100 million plus the assumption of 49% of approximately USD80 million of third party debt at CUA.
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