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MT ArcelorMittal

21.12
-0.54 (-2.49%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ArcelorMittal EU:MT Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.54 -2.49% 21.12 21.10 21.18 21.51 20.56 21.50 3,931,352 16:40:00

ArcelorMittal Acquires Solar-Tracker Provider Exosun

04/01/2018 4:25pm

Dow Jones News


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By Alberto Delclaux

 

ArcelorMittal (MT) said Thursday that it has acquired Exosun, a provider of solar trackers, which orient solar-powered devices toward the sun, after a court in Bordeaux, France cleared the deal.

Exosun employs 43 workers and has completed more than 55 projects worldwide, ArcelorMittal said. It will be integrated into the steelmaker's projects unit, which develops energy and construction-infrastructure projects.

ArcelorMittal has already made headway in the market for solar energy through the production of metal structures for solar parks.

Financial details of the deal were not disclosed.

 

Write to Alberto Delclaux at alberto.delclaux@dowjones.com

 

(END) Dow Jones Newswires

January 04, 2018 11:10 ET (16:10 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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