Dofasco to Update 2005 Results
02/15/2006 -
Feb. 15, 2006 — In light of recent regulatory approvals regarding Arcelor's offer to acquire Dofasco, Dofasco Inc. has advised that it intends to amend its 2005 results previously released on February 3, 2006.
Amended results will include certain additional transaction costs of $25.4 million net of income taxes relating to the proposed acquisition.
Dofasco is a leading North American steel solutions provider. Product lines include hot rolled, cold rolled, galvanized, Extragal(TM), Galvalume(TM) and tinplate flat rolled steels, as well as tubular products, laser-welded blanks and Zyplex(TM), a proprietary laminate. Dofasco's wide range of steel products is sold to customers in the automotive, construction, energy, manufacturing, pipe and tube, appliance, packaging and steel distribution industries.