ArcelorMittal Considering Potential Offer for U.S. Steel, Reuters Reports
August 16 2023 - 1:31PM
Dow Jones News
By Denny Jacob
--ArcelorMittal SA is considering a potential offer for U.S.
Steel, Reuters reported, citing people familiar with the
matter.
--The steelmaker is discussing a possible offer with its
investment bankers, though there isn't a guarantee it will press
ahead, the report said.
--If a offer were to come, it would follow recent bids for U.S.
Steel by steelmaker Cleveland-Cliffs and privately held company
Esmark.
Full story at
https://www.reuters.com/markets/deals/arcelormittal-weighs-possible-bid-us-steel-sources-2023-08-16/
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
August 16, 2023 13:16 ET (17:16 GMT)
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