Tag «ATIC stake»

ArcelorMittal completes the sale of ATIC stake

Luxembourg, 30 June 2014 – ArcelorMittal today announces that it has completed the sale of ArcelorMittal’s 78% stake in European port handling and logistics company ATIC Services S.A. (“ATIC”) to HES Beheer, having received all necessary regulatory approvals. The transaction was completed for an agreed price of EUR 155.4 million. The sale is consistent with …

ArcelorMittal signs Sale and Purchase Agreement for sale of ATIC stake

Luxembourg, 30 April 2014 – ArcelorMittal and H.E.S. Beheer N.V. have signed a Sale and Purchase Agreement for the sale of ArcelorMittal’s 78% stake in European port handling and logistics company ATIC Services S.A. (“ATIC”) to HES Beheer. HES Beheer currently holds 22% in ATIC. This transaction would give HES Beheer 100% ownership of ATIC.The …