ArcelorMittal acquires 28.4% stake in Vallourec for €955 million

ArcelorMittal completed the acquisition of Apollo funds' stake in Vallourec at €14.64 per share, for a total purchase price of €955 million, becoming the anchor shareholder with 28.4% of voting rights.

“Vallourec is pleased to announce the completion of the acquisition by ArcelorMittal of Apollo funds’ stake in Vallourec at a price of €14.64 per share, for a total purchase price of €955 million.”globenewswire.com

• 3 sources
• globenewswire.comARCELORMITTAL BECOMES THE ANCHOR SHAREHOLDER OF VALLOURECVALLOURECAug 6, 2024
• brazil.vallourec.comArcelorMittal becomes the anchor shareholder of Vallourec - BrazilSep 3, 2024
• china.vallourec.comArcelorMittal becomes the anchor shareholder of Vallourec - ChinaSep 3, 2024

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