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ArcelorMittal acquires Pecém steel unit in Brazil for R$11.2 billion · Endata

◂ Announcements

Dec 18, 2024ACQUISITIONPecém, Ceará, Brazil

ArcelorMittal acquires Pecém steel unit in Brazil for R$11.2 billion

ArcelorMittal is acquiring the Pecém unit in Ceará, Brazil, for R$11.2 billion as part of its R$25 billion investment program.

Value

$2.24B (11.2B BRL)

Status

Announced

Productssteel

CompaniesArcelorMittal acquirer ArcelorMittal partner China Oriental Group partner

Sectors#Steel and Metal Products

“O atual ciclo inclui a aquisição da Unidade do Pecém (CE), por R$ 11,2 bilhões”valor.globo.com

2 sources
valor.globo.comArcelorMittal faz investimentos recordes de R$ 25 bilhões no Brasil | ArcelorMittal | Valor EconômicoDec 18, 2024
beta.zhitongcaijing.com中国东方集团(00581)完成与ArcelorMittal成立合营公司Dec 20, 2024

Summarized from public sources; check the original articles before acting on it.

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