مجله اینترنتی دیپروتد

ریشه های عمیق اجتماعی و اقتصادی

دسته بندی
دیپروتد دورنما  دیپروتد راهکار و ترفند  استارت اپ  علوم اخبار دانش  رویداد  کتاب خوانی


آگهی
فروشگاه اینترنتی صنایع دستی صبنگو
مطالب
08/15 1397

Liberty House Group, a UK-based company owned by India-born British businessman Sanjeev Gupta, has signed an agreement to acquire three more steel plants in Europe from global steel giant ArcelorMittal.

Under the agreement, Liberty House intends to buy the Flemalle and Tilleur sites near Liege, Belgium and the Dudelange, Luxembourg facility, according to an official statement.

This announcement comes close on the heels of the two companies signing an agreement last month wherein Liberty Steel  would acquire major integrated works at Galati in Romania and Ostrava in the Czech Republic, along with mills at Skopje in Macedonia and Piombino in Italy from ArcelorMittal.

All these assets are part of a divestment package that ArcelorMittal agreed with the European Commission (EU) related to its acquisition of Ilva SpA.

Both deals are subject to approval by the European Commission and other local processes.

The latest deal will provide Liberty House a boost in its manufacturing capabilities, as the three mills, which are profitable, have a  combined annual manufacturing capacity of 2.1m tonnes of cold rolled steel, 2m tonnes of galvanised steel, and 200 Ktons of tin plated steel.

Liberty House, part of Sanjeev Gupta’s global GFG Alliance, already has presence in continental Europe through the Liberty Wheels France plant at Chateauroux and, following the completion of its acquisition from Rio Tinto, will also include Europe’s largest aluminium smelter at Dunkerque.

“These plants are an important and logical addition to our expanding, integrated European supply chain. By entering these key markets and expanding our footprint, we’re embedding our European presence and bolstering our competitive position internationally,” said GFG Alliance’s Chief Investment Officer Jay Hambro.

Also Read:

GFG Alliance to revive aging steel plants, buy stressed assets with $5b chest

British tycoon Sanjeev Gupta has no plans to slow down acquisitions in 2018

The post Liberty House to acquire three more European steel plants from ArcelorMittal appeared first on DealStreetAsia.





منبع :
لینک :
کد مطلب: 8803
تاریخ و زمان انتشار: 15 آبان 1397, 13:07
واژگان کلیدی:
پیوند کوتاه نوشتار:
https://deeprooted.ir/8803
نوشتار های پیشین نویسنده:
  • Record PE vehicles make fundraising challenging for smaller managers: Chris Leahy, Blackpeak
  • Vijay Shekhar Sharma and the quest to build a $100b business
  • Alibaba v. Tencent: The Battle for Supremacy in China
  • EU opens deeper probe into Thyssenkrupp-Tata Steel deal
  • Unmasking A.I.’s Bias Problem
  • 2400 واژه انگلیسی ورودی سایت دیپروتد در 2018
  • ‘There Is So Much You Go Through Just Trying to Make It’: Amy Sherald on Her First Major Museum Show and Painting Michelle Obama
  • NEO Coin: Everything you need to know; How to buy NEO Coin? NEO Coin price; NEO blockchain
  • آبتین وب فروشگاه اینترنتی قند رژیمی کامور
    Liberty House to acquire three more European steel plants from ArcelorMittal
    سمت نو
    اخبار

    رویدادها
    کسب و کار های نوپا

    TED

    معرفی کتاب

    سبک زندگی

    معرفی سایت
    داغ ترین ها