Tag «Erdemir»

ArcelorMittal sells 233,169,183 Shares in Erdemir

Luxembourg, 8 October 2013: ArcelorMittal announces the sale of 233,169,183 shares (the “Shares”) in Ereğli Demir ve Çelik Fabrikaları T.A.Ş. (“Erdemir”) by way of a single accelerated bookbuilt offering to institutional investors. The sale has generated proceeds of approximately US$267million. Prior to the sale, ArcelorMittal owned 655,969,154 Shares in Erdemir, representing approximately 18.74% of Erdemir’s …