Similar Stories to Cleveland-cliffs Buys Arcelormittal's Us Business For $1.4b on Bing News

CLEVELAND (AP) — Cleveland-Cliffs is making its second billion-dollar acquisition in less than a year with the purchase of steel maker ArcelorMittal's U.S. business for about $1.4 billion in cash and stock. About a third of the deal will be an up front cash payment of about $505 million, the companies said Monday.Read more on NewsOK.com

BING NEWS:
  • ArcelorMittal S.A. beats top-line and bottom-line estimates; reaffirms FY24 outlook
    Q1 Non-GAAP EPS of $1.16 beats by $0.33. Revenue of $16.28B (-12.0% Y/Y) beats by $20M. Scope adjusted steel shipments increased +5.0% in 1Q 2024 vs. 4Q 2023; 1Q 2024 EBITDA of $2.0B (vs. $1.5B in 4Q ...
    05/1/2024 - 6:26 pm | View Link
  • ArcelorMittal S.A.: ArcelorMittal reports first quarter 2024 results
    ArcelorMittal's basic earnings per common share for 1Q 2024 was $1.16 ... with improved margins in the Projects business and higher activity levels in Distribution & Service Centers, offset in part by ...
    05/1/2024 - 2:00 pm | View Link
  • ArcelorMittal S.A.: ArcelorMittal announces the publication of its first quarter 2024 sell-side analyst consensus figures
    CETArcelorMittal (‘the Company’) today announces the publication of its first quarter 2024 sell-side analyst consensus ...
    04/25/2024 - 2:30 am | View Link
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