Arcelormittal s.a.: arcelormittal completes acquisition of strategic stake in vallourec

06 august 2024, 07:30 cet arcelormittal today announces that following the signature of a share purchase agreement on 12 march 2024, and after the approval of relevant antitrust authorities and clearances under foreign investment regulations, it has completed the acquisition of 65,243,206 shares, representing c.28.41% 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, subject to successful completion of the settlement. following completion of this transaction, the appointment of mr.
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