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MT ArcelorMittal

23.88
0.20 (0.84%)
10 May 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
  0.20 0.84% 23.88 23.81 24.20 24.32 23.87 23.90 2,942,344 16:40:00

India Court Allows ArcelorMittal to Complete Essar Deal -Bloomberg

15/11/2019 7:45am

Dow Jones News


ArcelorMittal (EU:MT)
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--ArcelorMittal (MT) has won approval from India's top court to complete its $5.8 billion purchase of Essar Steel India Ltd., putting tycoon Lakshmi Mittal one step closer to entering the world's second-biggest market, Bloomberg reports.

--The ruling, which sets a precedent for other insolvencies, grants a panel of the bankrupt company's lenders the discretion in the distribution of funds, according to the report.

 

Full story: https://bloom.bg/34VYJjs

 

Write to Singapore editors at singaporeeditors@dowjones.com

 

(END) Dow Jones Newswires

November 15, 2019 02:30 ET (07:30 GMT)

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

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