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”
