ArcelorMittal buys Carminati Distribuzione stake

ArcelorMittal , theworld's largest steelmaker, said on Friday that it intended tobuy a 70 percent stake in Italy's Carminati Distribuzione, asteel distribution firm active in the north of the country. Carminati Distribuzione sold over 75,000 tonnes of steel in2006 with a turnover of 50 million euros ($71.5 million). Financial terms of the deal were not disclosed.

REUTERS

26 de outubro de 2007 | 18h28

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