ArcelorMittal to sell European plants for EU approval of €1.8B Italian steel buyout

The European Commission approved ArcelorMittal's plan to sell some European plants to secure final approval for its €1.8 billion acquisition of an Italian steel producer.

“Europe's antitrust watchdog gave the green light Wednesday to steelmaker ArcelorMittal's plan to sell off some of its European plants in order to secure final approval for its €1.8 billion ($2.1 billion) buyout of an Italian steel producer.”law360.com

• 2 sources
• law360.comEU Signs Off On Buyer For ArcelorMittal's Asset Sale - Law360Nadia DreidApr 17, 2019
• markets.financialcontent.comLaser Focus World - ArcelorMittal completes the acquisition of Nippon Steel Corporation’s interest in AM/NS CalvertArcelorMittal S.A.May 14, 2019

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