Canadian court OKs two Timminco bids

Jun 06, 2012 | 05:25 PM | Suzy Waite

Tags  Timminco, Globe Specialty Metals, Grupo FerroAtlantica, Companies' Creditors Arrangement Act, Suzy Waite

NEW YORK — An Ontario court has given its approval to two offers for Timminco Ltd.’s assets.

Two companies—New York-based Globe Specialty Metals Inc. and Spanish producer Grupo FerroAtlántica SA—made successful bids for Timminco’s assets last month (AMM, April 30). The Ontario Superior Court of Justice gave its approval Tuesday, and the Toronto-based silicon....

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