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
  0.546 3.51% 16.10 16.07 16.11 16.10 15.556 15.744 8,080,148 16:39:40

ArcelorMittal Gets Approval for $5.8 Billion Essar Deal in India

15/11/2019 8:57am

Dow Jones News

ArcelorMittal (EU:MT)
Historical Stock Chart

1 Month : From Nov 2019 to Dec 2019

Click Here for more ArcelorMittal Charts.
   By Cristina Roca 

ArcelorMittal (MT.AE) has received approval from India's Supreme Court to complete its purchase of Essar Steel India Ltd., a company spokeswoman told Dow Jones Newswires on Friday.

ArcelorMittal confirmed media reports that India's top court has approved its $5.8 billion deal to acquire the bankrupt steel mill, clearing the way for the European steel giant to enter the world's second-biggest market.

At GMT 0823, shares in the Amsterdam-listed steelmaker traded 1.6% higher following the news.


Write to Cristina Roca at; @_cristinaroca


(END) Dow Jones Newswires

November 15, 2019 03:42 ET (08:42 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

1 Year ArcelorMittal Chart

1 Year ArcelorMittal Chart

1 Month ArcelorMittal Chart

1 Month ArcelorMittal Chart
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20191208 20:32:45