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France's Vallourec Axes Jobs, Seeks Capital Amid Oil Slump - Wall Street Journal
France's Vallourec Axes Jobs, Seeks Capital Amid Oil Slump Wall Street Journal PARIS—France's Vallourec SA, a maker of high-strength steel for the oil sector, is to raise €1 billion ($1.08 billion), suspend its dividend, and ax more than 2,500 jobs, the latest sign of the severe knock-on effects on industry of the slump in oil ... |
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