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MT ArcelorMittal

25.455
-0.04 (-0.16%)
28 Mar 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
  -0.04 -0.16% 25.455 25.40 25.51 25.775 25.31 25.70 1,738,641 16:40:00

ArcelorMittal Receives Binding Offer for Some European Assets

12/10/2018 8:31am

Dow Jones News


ArcelorMittal (EU:MT)
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   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.

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