UPDATE 1-Venezuela ordered to pay Tenaris $172.8 mln for takeover
February 12, 2016 at 14:09 PM EST
CARACAS, Feb 12 (Reuters) - A World Bank tribunal has issued an arbitration award ordering Venezuela pay steelmaker Tenaris some $172.8 million for the takeover of its Matesi Materiales Siderurgicos SA unit, adding pressure on the cash-squeezed country.
