Kyoei Steel Ltd. (TSE:5440) agreed to acquire AltaSteel Inc. from AltaSteel Limited for approximately ¥15.4 billion on February 4, 2020. The transaction is expected to close on February 29, 2020. As of February 28, 2020, the transaction is expected to close during March 2020. Kyoei Steel Ltd. (TSE:5440) completed the acquisition of AltaSteel Inc. from AltaSteel Limited for ¥15.7 billion on March 17, 2020. Christine Ryu-Naya and Adam Dawson of Baker Botts acted as legal advisor to AltaSteel.