Final regulatory approvals received for cleveland-cliffs' acquisition of stelco, preparation for closing underway

Hamilton, ontario--(business wire)--stelco holdings inc. (tsx: stlc) (“stelco” or the “company”) today announced that regulatory and program approvals under the investment canada act and strategic innovation fund have been received for cleveland-cliffs' pending acquisition of stelco (the “transaction”), representing the final regulatory approvals required to complete the transaction. with these approvals in hand, the transaction can now proceed toward closing. the transaction is currently sched.
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