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RUSSEL METALS RECEIVES REGULATORY CLEARANCE ON SAMUEL ACQUISITION

Newswire.ca - Tue Jun 4, 7:00AM CDT

TORONTO, June 4, 2024 /CNW/ - Russel Metals Inc. (TSX: RUS) announces that it has received a no-action letter from the Canadian Competition Bureau regarding our previously announced transaction with Samuel, Son & Co., Limited ("Samuel"), whereby we agreed to acquire seven service center locations from Samuel. Therefore, subject to completion of customary closing conditions, we expect to close the full transaction in the third quarter of 2024.

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