FORM 6 - K |
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 |
Report of Foreign Private
Issuer Pursuant to Rule 13a - 16 or 15d - 16 of the Securities Exchange Act of 1934 |
As of April 25, 2003 |
TENARIS, S.A. (Translation of Registrants name into English) |
TENARIS, S.A. 23 Avenue Monterey 2086 Luxembourg (Address of principal executive offices) |
Indicate by check mark whether the registrant
files or will file annual reports under cover Form 20-F or 40-F. |
Form 20-F [X] Form 40-F [ ] |
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12G3-2(b) under the Securities Exchange Act of 1934. |
Yes [ ] No [X] |
If Yes is marked,
indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-____. |
The attached material is being furnished to the Securities and Exchange Commission pursuant to Rule 13a-16 and Form 6-K under the Securities Exchange Act of 1934, as amended. This report contains Tenariss announcing resumption of its acquisition of the remaining minority interests in Siderca. |
SIGNATURE |
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. |
Date: April 25, 2003 |
Tenaris, S.A. |
By: /s/ Cecilia Bilesio
|
Cecilia Bilesio Corporate Secretary |
Gerardo Varela Tenaris 1-888 300 5432 www.tenaris.com |
Tenaris Announces Resumption of its Acquisition of the
Remaining Minority Interests in Siderca |
Luxembourg, April 24, 2003. Tenaris S.A. (NYSE, Buenos Aires and Mexico: TS; MTA Italy: TEN), announced today that it has resumed its acquisition of the remaining minority interests in Siderca S.A.I.C. (Siderca) following the resolution of the condition that caused the delay previously notified on April 10, 2003. |
In accordance with Argentine law, Tenaris is unilaterally acquiring for cash all outstanding Siderca shares not held by Tenaris or its affiliates, including Siderca shares underlying Siderca ADSs for a purchase price of: |
| six Argentine pesos (ARP6.00) per Siderca share; and |
| sixty Argentine pesos (ARP60.00) per Siderca ADS. |
The purchase price for the Siderca shares is being deposited today at BBVA Banco Frances S.A., Tenariss payment agent in Argentina for this transaction. This money will be made available to holders of Siderca shares from today in accordance with the previously announced procedures. The equivalent in U.S. dollars at the free market rate of exchange of the purchase price for the shares underlying Siderca ADSs is also being deposited today into the account of JP Morgan Chase Bank, the depositary agent for Sidercas ADSs. |
This communication does not constitute an offer or solicitation for the sale, purchase or acquisition of securities in any jurisdiction. |
Tenaris is a leading global manufacturer of seamless steel pipe products and provider of pipe handling, stocking and distribution services to the oil and gas, energy and mechanical industries and a leading regional supplier of welded steel pipes for gas pipelines in South America. Organized in Luxembourg, it has pipe manufacturing facilities in Argentina, Brazil, Canada, Italy, Japan, Mexico and Venezuela and a network of customer service centers present in over 20 countries worldwide. |