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Sumitomo acquires Edgen Group for $1.2B
Japanese trading giant Sumitomo Corp. and its unit Sumitomo Corp. of America Inc. said Tuesday they agreed to buy steel pipe and valve distributor Edgen Group Inc. for $1.2 billion, picking up a company whose stock has been lagging since its initial ...
Sumitomo Corporation to Acquire Edgen Group Inc.  MarketWatch
The Deal: Sumitomo Pays $1.2 Billion for Edgen Group  TheStreet.com
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Sumitomo Corporation Completes Acquisition of Edgen Group Inc.
NEW YORK & BATON ROUGE, La.--(BUSINESS WIRE)--Sumitomo Corporation (“SC”) and Sumitomo Corporation of America (“SCOA”), collectively “Sumitomo”, today announced that it has closed its acquisition of Edgen Group Inc. (“Edgen Group”) for ...
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Moody's downgrades Edgen Group's CFR to B1
New York, July 08, 2015 -- Moody's Investors Service downgraded Edgen Group Inc.'s (Edgen) corporate family rating to B1 from Ba3 and its probability of default rating to B1-PD from Ba3-PD.
Sumitomo's $1.2B bid for Edgen Group looks to be the last
Pipe manufacturer Edgen Group Inc. Tuesday filed the preliminary written consent notice for its $1.2 billion merger with Sumitomo Corp.
Edgen Group Investor Blasts $520M Sumitomo Buyout  Law360 (subscription)
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Edgen Group Sues to Block Shareholder Lawsuit in Louisiana
Nov. 1 (Bloomberg) -- Edgen Group Inc., a distributor of oilfield pipes and valves, sued to block a shareholder lawsuit filed in Louisiana over the company's agreement to be acquired by Sumitomo Corp.
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Hedge Funds Aren't Crazy About Edgen Group Inc (EDG) Anymore
Edgen Group Inc (NYSE:EDG) was in 8 hedge funds' portfolio at the end of March. EDG shareholders have witnessed a decrease in hedge fund sentiment recently.
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Edgen Group Names Dan Keaton Senior Vice President, Americas for Edgen Murray
BATON ROUGE, La.--(BUSINESS WIRE)--Edgen Group Inc. (NYSE:EDG), a leading global distributor of specialty steel products and services for the energy and infrastructure markets, has named Dan Keaton Senior Vice President, Americas for its Edgen ...
Edgen Group Announces Pricing of $540.0 Million of Edgen Murray Corporation's ...
BATON ROUGE, La.--(BUSINESS WIRE)--Edgen Group Inc. (“Edgen”) (NYSE:EDG) today announced that its indirect subsidiary, Edgen Murray Corporation (“EMC”) has priced its offering of $540 million aggregate principal amount of its 8.750% Senior ...
Edgen Group Announces the Appointment of John J. Kennedy to the Board of Directors
BATON ROUGE, La.--(BUSINESS WIRE)--Edgen Group Inc. (NYSE: EDG), a leading global distributor of specialized products including steel pipe, valves, plate, and related components to the energy and industrial infrastructure markets, today announced that ...
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Edgen Group Sales Down 13.1% In Second Quarter
Baton Rouge, LA - Edgen Group Inc. a leading global distributor of specialized products including steel pipe, valves, plate, and related components to the energy sector and industrial infrastructure markets, today reported its financial results for the ...
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