Sep 28, 2020ACQUISITIONUnited States Cleveland-Cliffs to acquire ArcelorMittal USA for $1.4 billion
ArcelorMittal announced a definitive agreement for Cleveland-Cliffs to acquire 100% of ArcelorMittal USA for $1.4 billion in cash and stock, including assumed liabilities.
Productssteel
“ArcelorMittal expects to receive an aggregate equity value consideration of $1.4 billion upon closing of the Transaction.”automotive.arcelormittal.com
- 4 sources
- automotive.arcelormittal.comArcelorMittal unlocks value through separation of integrated US assets and repositions its footprint in North AmericaSep 28, 2020
- sec.govSep 28, 2020
- piquenewsmagazine.comCleveland-Cliffs buys ArcelorMittal's US business for $1.4b - Pique NewsmagazineCanadian PressSep 28, 2020
- miningconnection.comCleveland-Cliffs to Acquire ArcelorMittal USA for $1.4 Billion | Mining Connection — The Link For All Your Mining ResourcesOct 9, 2020
Summarized from public sources; check the original articles before acting on it.
ENDATA