ArcelorMittal to acquire CSP in Brazil for $2.2B

ArcelorMittal has signed an agreement to acquire Companhia Siderúrgica do Pecém (CSP) for an enterprise value of approximately $2.2 billion. CSP operates a 3 million tonne capacity steel slab facility in Ceará, Brazil.

“ArcelorMittal today announces it has signed an agreement with the shareholders of Companhia Siderúrgica do Pecém to acquire CSP for an enterprise value of approximately $2.2 billion.”globenewswire.com

• 3 sources
• globenewswire.comArcelorMittal agrees acquisition of CSP in BrazilArcelorMittal S.A.Jul 28, 2022
• reuters.comArcelorMittal to buy steelmaker Brazil's CSP for $2.2 bln from Vale, Posco, Dongkuk | ReutersJul 28, 2022
• clearygottlieb.comVale, Dongkuk, and Posco Complete $2.2 Billion Sale of Companhia Siderúrgica do Pecém | Cleary GottliebAug 1, 2022

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