Tag «Francisco J. Riberas»

ArcelorMittal sells its 35% stake in Gestamp Automoción for €875m

5 February 2016 – ArcelorMittal today announces it has sold its 35% stake in Gestamp Automoción (“Gestamp”) to the majority shareholder, the Riberas family, for a total cash consideration of €875m. The transaction is unconditional and payment is expected to be made to ArcelorMittal within six months. In addition to the cash consideration, ArcelorMittal will …