Tag «agreement»

ArcelorMittal reaches agreement with Liberty House for the sale of finishing lines in Dudelange and Liège

2 November 2018 – ArcelorMittal (‘the Company’) today announces that it has received a binding offer from Liberty House Group for the acquisition of ArcelorMittal Dudelange (Luxembourg) and the following finishing lines at ArcelorMittal Liège (Belgium): hot dipped galvanising lines 4 and 5 in Flemalle; and hot-rolled pickling, cold rolling and tin packaging lines in …

ArcelorMittal reaches agreement with Liberty House for the sale of its steelmaking facilities in Czech Republic, Romania, Macedonia and Italy

12 October 2018 – ArcelorMittal (‘the Company’) today announces that it has received a binding offer from Liberty House Group for the acquisition of ArcelorMittal Ostrava (Czech Republic), ArcelorMittal Galati (Romania), ArcelorMittal Skopje (Macedonia) and ArcelorMittal Piombino (Italy). The four assets are part of a divestment package the Company agreed with the European Commission (‘EU’) …

Aeroflot and UAC sign agreement for 100 Russian-built Superjet 100

10 September 2018, Moscow – Aeroflot and United Aircraft Corporation have signed an agreement for the delivery to Aeroflot, the national carrier, of 100 Superjet 100 (SSJ100) aircraft. The document was signed by Aeroflot CEO Vitaly Saveliev and President of PJSC United Aircraft Corporation Yury Slyusar during the Eastern Economic Forum in the presence of President …

Agreement between ArcelorMittal and NSSMC regarding joint venture to acquire Essar Steel India Limited

ArcelorMittal (The Company) has signed a joint venture formation agreement with Nippon Steel & Sumitomo Metal Corporation (NSSMC) in relation to its offer to acquire Essar Steel India Limited (Essar Steel). The Company’s subsidiary ArcelorMittal India Private Limited (AMIPL) submitted a Resolution Plan for Essar on 12 February, which outlined the intention to have NSSMC …

Arkansas Northeastern College (ANC) and SMS group sign agreement creating the Arkansas Steelmaking Academy (ASA)

North America based center for steel technology training to open in 2019 Officials from SMS group in North America and Arkansas Northeastern College administrators met to finalize and sign an agreement creating the Arkansas Steelmaking Academy which will begin offerings in 2019. Doug Dunworth, President and CEO of SMS group’s North American operations, met with Arkansas …

ArcelorMittal led consortium reaches agreement regarding Ilva lease and purchase agreement

16 June 2017 – ArcelorMittal (‘the Company’) and Marcegaglia announce that AM Investco Italy Srl (‘AM Investco’) has concluded the exclusive negotiation phase and reached a binding agreement concerning the lease and obligation to purchase Ilva S.p.A and its subsidiaries with the Italian Government. The ancillary documentation will be completed by 30 June. Intesa Sanpaolo …

ArcelorMittal Brasil and Votorantim sign agreement to combine their Brazilian long steel businesses

  23 February 2017 – ArcelorMittal Brasil S.A. and Votorantim S.A. announce today the signing of a definitive agreement, pursuant to which Votorantim’s long steel businesses in Brazil, Votorantim Siderurgia, will become a subsidiary of ArcelorMittal Brasil and Votorantim will hold a minority stake in ArcelorMittal Brasil. Votorantim’s long steel operations in Argentina (Acerbrag) and …

Inditex and Water.org strengthen their agreement to change lives through access to safe water and sanitation

At the meeting, Inditex’s Chairman and CEO, Pablo Isla, reaffirmed the Group’s commitment to Water.org, an international organisation whose mission is to bring safe water and sanitation to the millions in need all over the world. Matt Damon and Gary White underlined the progress being made by Water.org on its projects in Bangladesh and Cambodia thanks to the support of …