ArcelorMittal acquires majority stake in Bekaert's Sumare tire cord plant in Brazil

ArcelorMittal acquired a 55.5% stake in Bekaert's steel tire cord plant in Sumare, Brazil, with Bekaert retaining 44.5%. The deal is subject to anti-trust approval.

“ArcelorMittal has acquired a majority stake at Bekaert’s steel tire cord plant in the city of Sumare”steelorbis.com

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• steelorbis.comArcelorMittal buys majority stake at Bekaert’s Sumare plant in BrazilApr 25, 2017

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