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Stock impact report

ArcelorMittal reaches agreement with Liberty House for the sale of finishing lines in Dudelange and Liège

Arcelor Mittal NY Registry Shares NEW (MT) 
Last arcelor mittal ny registry shares new earnings: 2/6 01:00 am Check Earnings Report
US:NYSE Investor Relations: corporate.arcelormittal.com/investors
Company Research Source: GlobeNewswire
2 November 2018 – ArcelorMittal (‘the Company’) today announces that it has received a binding offer from Liberty House Group for the acquisition of ArcelorMittal Dudelange (Luxembourg) and the following finishing lines at ArcelorMittal Liège (Belgium): hot dipped galvanising lines 4 and 5 in Flemalle; and hot-rolled pickling, cold rolling and tin packaging lines in Tilleur. The assets are the final part of a divestment package the Company agreed with the European Commission (‘EC’) during its merger control investigation into the Company’s acquisition of Ilva S.p.A (‘Ilva’). Transaction closing is subject to the completion of the Company’s acquisition of Ilva, corporate approvals and is conditional on EC approval and the conclusion of consultations with local and European Works Councils. The Company has now received binding offers for the complete divestment package in keeping with its commitments to the EC. Furthermore, by agreeing to binding offers from Liberty House for the full Show less Read more
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