Nucor to acquire steel racking manufacturer hannibal industries, inc.

Charlotte, n.c., july 20, 2021 /prnewswire/ -- nucor corporation (nyse: nue) announced today that it has entered into an agreement to purchase hannibal industries, inc. for $370 million, which represents 6.9x ebitda for the trailing-twelve months ended march 2021.

NUE Ratings Summary

NUE Quant Ranking