ArcelorMittal, VTB Consortium Are Said to Vie for Essar Steel [Bloomberg Business News]
Arcelor Mittal NY Registry Shares NEW (MT)
Last arcelor mittal ny registry shares new earnings: 2/6 01:00 am
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Source: Bloomberg Business News
By George Smith Alexander More stories by George Smith Alexander and Swansy Afonso Distressed producer could fetch at least $6 billion valuation ArcelorMittal considers making all-cash offer for Indian firm ArcelorMittal is competing with a consortium led by Russia’s VTB Group as bids come in for Essar Steel India Ltd. , the largest distressed steelmaker being sold under the country’s insolvency process, people with knowledge of the matter said. ArcelorMittal, the world’s biggest producer of the alloy, is planning a joint offer with Nippon Steel & Sumitomo Metal Corp. by Monday’s deadline, according to the people. Essar Steel could fetch a valuation of at least $6 billion in a sale, the people said, asking not to be identified because the information is private. A new Indian bankruptcy law designed to clear out distressed companies has set off a con
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News
- ArcelorMittal S.A.: ArcelorMittal publishes its 2023 Integrated Annual ReviewGlobeNewswire
- U.S. Department of Energy announces financial support for ArcelorMittal's anticipated World-Class Electrical Steel facility in Alabama [Yahoo! Finance]Yahoo! Finance
- ArcelorMittal S.A. (NYSE: MT) had its "hold" rating re-affirmed by analysts at Deutsche Bank Aktiengesellschaft. They now have a $31.00 price target on the stock, down previously from $34.00.MarketBeat
- ArcelorMittal's Irina Gorbounova Joins CHAR Tech Board of Directors [Yahoo! Finance]Yahoo! Finance
- ArcelorMittal's Irina Gorbounova Joins CHAR Tech Board of Directors [Financial Post (Toronto, Ontario, Canada)]Financial Post
MT
Earnings
- 2/8/24 - Beat
MT
Sec Filings
- 4/23/24 - Form 6-K
- 4/10/24 - Form 6-K
- 4/8/24 - Form F-3ASR
- MT's page on the SEC website