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PAO TMK

Company Summary

Description

TMK is a leading global manufacturer and supplier of steel pipes for the oil and gas industry, operating 28 production sites in the United States, Russia, Canada, Romania, Oman, UAE, and Kazakhstan and two R&D centers in Russia and the United States.

Financial Data:


Tickers:

  • TMKS - London Stock Exchange Group

Recent news

  • 3/22/2019 - Tenaris Acquiring IPSCO... (subscriber access)

Company Transactions

Date: 4/29/2019
Type: Acquisition

BUYERS:
  • Tenaris SA
    • SELLERS:
  • IPSCO Tubulars Inc.
  • PAO TMK
    • DETAILS:

    COST: 1209 $MM

    NOTES:
    Tenaris SA has entered into a deal with Russian firm PAO TMK to acquire U.S. based IPSCO Tubulars, Inc. for $1,209 million, including working capital of $270 million.
    REGIONS:
  • United States