One of the biggest deals announced this week is that of Cleveland-Cliffs Inc. announcing it will purchase the U.S. assets of ArcelorMittal SA for around $1.4 billion. The largest U.S. producer of iron ore pellets will be paying in cash and shares to purchase the assets from the world’s largest steelmaker. ArcelorMittal will receive $505 … Continue reading “Cleveland Cliffs Inc. to Buy U.S. Assets of ArcelorMittal for $1.4B in Cash and Shares”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
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