• / Free eNewsletters & Magazine
  • / My Account
Home>Vallourec sees writedown of $1.1 billion as oil prices sink

Vallourec sees writedown of $1.1 billion as oil prices sink

3party Content

Thu, 29 Jan 2015

By Inti Landauro PARIS -- French steel-pipe maker Vallourec SA Thursday said it will write down its assets by between 1 billion euros ($1.13 billion) and EUR1.2 billion to adapt to the general cut in spending by oil companies following the recent decline in international oil prices. "Oil markets
Upcoming Events
Conferences
Webinars

©2014 Morningstar Advisor. All right reserved.