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2025-02-06 - Bokslutskommuniké 2024
2024-11-11 - X-dag halvårsutdelning MT 0.23325
2024-11-07 - Kvartalsrapport 2024-Q3
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2024-04-30 - Årsstämma
2024-02-08 - Bokslutskommuniké 2023
2023-11-13 - X-dag halvårsutdelning MT 0.205898
2023-11-09 - Kvartalsrapport 2023-Q3
2023-07-27 - Kvartalsrapport 2023-Q2
2023-05-22 - X-dag ordinarie utdelning MT 0.20 EUR
2023-05-04 - Kvartalsrapport 2023-Q1
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2023-05-02 - Extra Bolagsstämma
2023-02-09 - Bokslutskommuniké 2022
2022-11-10 - Kvartalsrapport 2022-Q3
2022-07-28 - Kvartalsrapport 2022-Q2
2022-05-13 - X-dag ordinarie utdelning MT 0.35 EUR
2022-05-05 - Extra Bolagsstämma
2022-05-05 - Kvartalsrapport 2022-Q1
2022-05-04 - Extra Bolagsstämma
2022-05-04 - Årsstämma
2022-02-10 - Bokslutskommuniké 2021
2021-11-11 - Kvartalsrapport 2021-Q3
2021-07-29 - Kvartalsrapport 2021-Q2
2021-06-10 - X-dag ordinarie utdelning MT 0.25 EUR
2021-06-08 - Extra Bolagsstämma
2021-06-08 - Årsstämma
2021-05-06 - Kvartalsrapport 2021-Q1
2021-02-11 - Bokslutskommuniké 2020
2020-11-05 - Kvartalsrapport 2020-Q3
2020-07-30 - Kvartalsrapport 2020-Q2
2020-06-13 - Extra Bolagsstämma
2020-06-13 - Årsstämma
2020-05-07 - Kvartalsrapport 2020-Q1
2020-05-05 - Årsstämma
2019-05-07 - Årsstämma
2017-05-22 - Split MT 3:1
2018-11-01 07:00:00

1 November 2018 – ArcelorMittal (‘the Company’) announces that AM Investco Italy Srl (‘AM Investco’)’s transaction to acquire Ilva S.p.A. (‘Ilva’) has completed today.

ArcelorMittal is the principal partner in AM Investco with a 94.4 per cent equity stake in the consortium, with Banca Intesa Sanpaolo holding 5.6 per cent. AM Investco’s lease and purchase agreement is effective from today (1 November 2018).

Following completion of the transaction, ArcelorMittal has now assumed full management control of Ilva, which will form a new business cluster within ArcelorMittal Europe - Flat Products and be known as ArcelorMittal Italia.

Commenting, Lakshmi Mittal, Chairman and CEO, ArcelorMittal, said:

“Closing the acquisition of Ilva is an important strategic step for ArcelorMittal. Ilva is a quality asset that provides a unique opportunity to expand and strengthen our European presence by acquiring Europe’s single-largest steelmaking site. It is a compelling value creation opportunity for ArcelorMittal, that fits our objective of selectively investing in growth projects where we can leverage our operating expertise to grow Ebitda and free cash flow over the long-term.

“We have a strong history of rehabilitating under-performing assets. I am confident that we will prove successful in restoring Ilva’s operational, financial and environmental performance and, in doing so, create value for our company, Ilva’s stakeholders and the Italian economy.”

Aditya Mittal, Group President and CFO, and CEO, ArcelorMittal Europe, added:

“It is a great pleasure to welcome Ilva to ArcelorMittal. We are excited by Ilva’s potential; it is a complementary fit with our existing flat products business in Europe, provides significant scale and is strategically well located. Combining this with our steelmaking expertise, technological prowess, and the extensive investment commitments we have made will enable us to positively transform Ilva’s performance.

“Our environmental, industrial and commercial business plans detail how we will turnaround the Ilva business. The cornerstone of our investment commitments is a €1.15 billion environmental investment programme. Work has already begun, and, over time, I am confident we will deliver on our vision of transforming Ilva into one of Europe’s leading and responsible steel manufacturers.

“Given Ilva’s history it is also critical to rebuild trust with local stakeholders through open and transparent dialogue and by demonstrating to them the positive difference that our significant environmental commitments will bring.”

ENDS

About ArcelorMittal

ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 18 countries. Guided by a philosophy to produce safe, sustainable steel, we are the leading supplier of quality steel in the major global steel markets including automotive, construction, household appliances and packaging, with world-class research and development and outstanding distribution networks.

Through our core values of sustainability, quality and leadership, we operate responsibly with respect to the health, safety and wellbeing of our employees, contractors and the communities in which we operate.

For us, steel is the fabric of life, as it is at the heart of the modern world from railways to cars and washing machines. We are actively researching and producing steel-based technologies and solutions that make many of the products and components people use in their everyday lives more energy efficient.

We are one of the world’s five largest producers of iron ore and metallurgical coal. With a geographically diversified portfolio of iron ore and coal assets, we are strategically positioned to serve our network of steel plants and the external global market. While our steel operations are important customers, our supply to the external market is increasing as we grow.

In 2017, ArcelorMittal had revenues of $68.7 billion and crude steel production of 93.1 million metric tonnes, while own iron ore production reached 57.4 million metric tonnes.

ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

For more information about ArcelorMittal please visit:
http://corporate.arcelormittal.com/


 
 
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ArcelorMittal Corporate Communications 
  
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