MT - Mergers and acquisitions

30 January 2026, 08:30 CET The Government of the Republic of Liberia and ArcelorMittal ("the Company") have signed an amendment to the existing Mineral Development Agreement (MDA), which was yesterday ratified via the Liberian legislative process, extending the duration of the agreement to 2050, with a right to renew for a further 25 years. The agreement solidifies ArcelorMittal's long-term mining expansion and commitment to Liberia. It also provides for the Government's desire to make the Tokadeh to Buchanan rail corridor accessible to multiple users. The agreement, alongside the recent inauguration of ArcelorMittal's iron ore concentration facility at Tokadeh in Nimba County, highlights

12 March 2024, 22:00 CET ArcelorMittal (the ‘Company') today announces that it has signed a Share Purchase Agreement to acquire 65,243,206 shares, representing c.28.4% equity interest in Vallourec, for €14.64 per share from Funds managed by Apollo Global Management, Inc., for a total consideration of approximately €955 million. Transaction closing is subject to regulatory approvals and is expected to close in the second half of the year. Having carried out a successful restructuring in recent years, Vallourec presents a compelling opportunity to increase ArcelorMittal's exposure to the attractive, downstream, value-added tubular market. It is a global leader in premium tubular solutions f

9 March 2023, 22:15 CET ArcelorMittal (the ‘Company') announces that following receipt of customary regulatory approvals it has completed the acquisition of Companhia Siderúrgica do Pecém (‘CSP') in Brazil for an enterprise value of approximately $2.2 billion. CSP is a world-class operation, producing high-quality slab at a globally competitive cost. Its facility, located in the state of Ceará in northeast Brazil was commissioned in 2016. It operates a three million tonne capacity blast furnace and has access via conveyors to the Port of Pecém, a large-scale, deep-water port located 10 kilometers from the plant. The acquisition offers significant operational and financial syne

1 July 2022, 08:00 CET ArcelorMittal (‘the Company') today announces that following receipt of customary regulatory approvals it yesterday completed the acquisition of an 80% shareholding in voestalpine's Hot Briquetted Iron (‘HBI') plant located near Corpus Christi, Texas. The acquisition, announced in April this year, values the Corpus Christi operations at $1 billion. The state-of-the-art plant is one of the largest of its kind in the world. It has an annual capacity of two million tonnes of HBI, which is a premium, compacted form of Direct Reduced Iron (‘DRI') developed to overcome issues associated with shipping and handling DRI. The transaction enhances ArcelorMittal's ability to pr

14 April 2022, 07:30 CET ArcelorMittal (‘the Company') today announces it has signed an agreement to acquire an 80% shareholding in voestalpine's world-class Hot Briquetted Iron (‘HBI') plant located in Corpus Christi, Texas. voestalpine will retain the remaining 20%. The transaction values the Corpus Christi operations at $1 billion and closing is subject to customary regulatory approvals. The state-of-the-art plant, which was opened in October 2016, is one of the largest of its kind in the world. It has an annual capacity of two million tonnes of HBI, a high-quality feedstock made through the direct reduction of iron ore which is used to produce high-quality steel grades in an electric a