ArcelorMittal and Bekaert successfully close Sumaré deal in Brazil

ArcelorMittal and Bekaert announced that they have closed the transaction to integrate Bekaert’s formerly wholly owned subsidiary in Sumare, Brazil, into the Belgo Mineira Bekaert Artefatos de Arame Ltda (BMB) joint venture. ArcelorMittal will be the majority shareholder, owning 55.5% of the Sumare steel cord entity ....

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