ArcelorMittal to acquire remaining 60% of Tuper

ArcelorMittal has agreed to acquire the remaining 60% stake in Tuper S/A, a Brazilian steel processor, making it a wholly owned subsidiary. The acquisition has been submitted to CADE for approval, with a decision expected within 60 to 90 days.

“The acquisition of the remaining 60% was submitted to the Administrative Council for Economic Defense (CADE) for approval in March of this year.”tuper.com.br

• 2 sources
• tuper.com.brTuper AnnouncementBASE DIGITALMar 25, 2025
• gmk.centerArcelorMittal to acquire Brazilian pipe producer TuperHalina YermolenkoMar 27, 2025

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