ArcelorMittal to buy 28.4% stake in Vallourec for about USD 1 bn – ET Auto
Baua Electric
MARCH 13, 2024
ArcelorMittal, the world’s second-largest steelmaker, said it signed an agreement with funds managed by Apollo Global Management to buy 65.24 The Luxembourg-based holding company does not intend to launch a tender offer for Vallourec’s remaining shares over the next six months, it added. euros apiece.
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