Universal Stainless Acquired by Aperam, Delists from NASDAQ
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Universal Stainless & Alloy Products has been acquired by Aperam S.A., becoming a wholly-owned subsidiary as of January 23, 2025. Following the acquisition, Universal repaid all loans and its common stock has been delisted from NASDAQ. This strategic move aims to enhance growth and innovation, benefiting employees and customers while expanding Aperam’s specialty steel capabilities. Universal, established in 1994, manufactures specialty steels for industries like aerospace and energy.
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