ArcelorMittal Gets Offer for Benelux Assets From Liberty House
02 Noviembre 2018 - 2:34AM
Noticias Dow Jones
By Nathan Allen
ArcelorMittal (MT.AE) said Friday that it has received a binding
offer from Liberty House Group for its Dudelange operation in
Luxembourg and some of its finishing lines in Belgium.
The deal is the final part of a divestment package agreed to by
ArcelorMittal in order to gain approval from the European
Commission for its acquisition of Italy's Ilva SpA, the company
said.
The Belgian assets comprise ArcelorMittal's hot-dipped
galvanizing lines 4 and 5 in Flemalle and its hot-rolled pickling,
cold rolling and tin packaging lines in Tilleur.
Liberty House Group had already agreed to buy ArcelorMittal's
assets in Italy, Romania, the Czech Republic and Macedonia.
By finding a single buyer for the complete divestment package,
the steelmaker said it has now met its commitments to the European
Commission.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
November 02, 2018 04:19 ET (08:19 GMT)
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