(Reuters) - Arcelor Mittal said it would delist the unit. The steel
group previously said it would delist Arcelor Brasil if it
acquired two-thirds or more of its free float.
It said it would pay $3.699 billion plus 27 million shares
for the tendered shares, representing a total price of $5.412
billion to raise its stake from the previous 67.1 percent.
Read more at Reuters.com Mergers News
group previously said it would delist Arcelor Brasil if it
acquired two-thirds or more of its free float.
It said it would pay $3.699 billion plus 27 million shares
for the tendered shares, representing a total price of $5.412
billion to raise its stake from the previous 67.1 percent.
Read more at Reuters.com Mergers News
No comments:
Post a Comment