Cleveland-cliffs completes acquisition of stelco holdings inc.

Hamilton, ontario--(business wire)--stelco holdings inc. (tsx: stlc) (“stelco” or the “company”) today announced that cleveland-cliffs inc. (“cliffs”) has completed its previously announced acquisition of stelco (the “arrangement”) pursuant to a plan of arrangement involving the company, cliffs, and 13421422 canada inc. (the “purchaser”), a wholly owned subsidiary of cliffs. alan kestenbaum, executive chairman and chief executive officer of stelco, stated: “over the past seven years, since the.
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