ArcelorMittal Receives Binding Offer for Some European Assets
October 12 2018 - 3:31AM
Dow Jones News
By Alberto Delclaux
ArcelorMittal (MT.AE) said Friday it had received a binding
offer from Liberty House Group to buy its assets in Italy, Romania,
the Czech Republic and Macedonia.
The steelkmaker said the assets are part of the divestment
package agreed with the European Union for its acquisition of
Italy's Ilva SpA.
The deal with Liberty House is subject to completion of the Ilva
acquisition and conditional on EU approval, ArcelorMittal said.
The company also said that negotiations are ongoing regarding
the sale of Luxembourg and Belgium assets, which are included in
the divestment package.
Write to Alberto Delclaux at alberto.delclaux@dowjones.com
(END) Dow Jones Newswires
October 12, 2018 03:16 ET (07:16 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
ArcelorMittal (EU:MT)
Historical Stock Chart
From Mar 2024 to Apr 2024
ArcelorMittal (EU:MT)
Historical Stock Chart
From Apr 2023 to Apr 2024
