ArcelorMittal Considering Selling Construction Unit -Bloomberg
September 11 2019 - 4:33AM
Dow Jones News
--ArcelorMittal is considering selling a downstream construction
business, Bloomberg reported late Tuesday, citing people familiar
with the matter.
--The steel company is working with advisers to prepare an
auction of the unit, which could bring the company between 700
million euros and 800 million euros ($773 million and $883
million), Bloomberg reported.
--A sale process could begin in the fourth quarter, the report
states.
Full story: https://bloom.bg/2lPWMDJ
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(END) Dow Jones Newswires
September 11, 2019 04:18 ET (08:18 GMT)
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