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0 0.000348796651552076 0.000348796651552076 0.00104638995465647 -0.00279037321241722 -0.00418555981862578 -0.0031391698639693 -0.00209277990931283
Stock impact report

ArcelorMittal reaches labour agreement with Ilva's trade unions

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
6 September 2018 - ArcelorMittal (the Company) announces that it has today reached a provisional labour agreement with Ilva's trade unions. The agreement is an important milestone in AM Investco Italy Srl (AM Investco)'s proposed acquisition of Ilva S.p.A (Ilva). The key terms of the provisional agreement are as follows:  The labour agreement details a solution for every member of Ilva's existing workforce. ArcelorMittal has committed to initially hire 10,700 workers based on their existing contractual terms of employment. In addition, between 2023 and 2025 ArcelorMittal has committed to hire any workers who remain under Ilva's extraordinary administration.              The agreement will now be voted on by Ilva's employees before being formally ratified. Commenting, Geert Van Poelvoorde, CEO of ArcelorMittal Europe Flat Products, said: "The agreement we have reached with Ilva's unions meets the two major objectives we set out at the start of negotiatio Show less Read more
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