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Stocks in play: Stelco Holdings Inc.
Announced that the Canadian Competition Bureau has issued a “no-action letter”, confirming that the Commissioner of Competition does not intend to challenge Cleveland-Cliffs’ pending acquisition of Stelco. The acquisition is expected to be completed in the fourth quarter of 2024 following the satisfaction or waiver of the remaining closing conditions. Stelco Holdings Inc. shares T.STLC are trading up $0.36 at $67.59.
