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France

ArcelorMittal acquires strategic stake in Vallourec, France

On March 12, ArcelorMittal signed a share purchase agreement to acquire 65,243,206 shares, representing 28.4% equity interest in Vallourec, for a total consideration of approximately EUR 955 million. Transaction closing is subject to regulatory approvals and is expected to close in the second half of the year.
Vallou....

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