ArcelorMittal to buy 28.4% stake in Vallourec for about $1 billion
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ArcelorMittal S.A.: ArcelorMittal acquires strategic stake in Vallourec
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ArcelorMittal S.A.: ArcelorMittal acquires strategic stake in Vallourec -March 12, 2024 at 05:01 pm EDT
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(Bloomberg) ArcelorMittal SA agreed to buy an equity stake worth $1.04 billion (€955 million) in tubular steel company Vallourec SA as it seeks to boost its exposure to more value-added products.Most Read from BloombergStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapOne of the Most Infamous Trades on Wall Street Is Roaring BackChina Has Never Canceled This Many Shipments of US WheatUS Core Inflation Tops Forecasts Again, Reinforcing Fed CautionEx-Wall Street Banker Takes On AOC