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Business

ArcelorMittal Drops Takeover of Italy JV After Government Ruling

Bloomberg

BusinessBloomberg·Sep 1, 2026·1 min read

ArcelorMittal Drops Takeover of Italy JV After Government Ruling

ArcelorMittal SA dropped its planned takeover of a joint venture with struggling carpart manufacturer CLN-Coils Lamiere Nastri SpA after the Italian government imposed restrictions, paving the way for a domestic rival to take control.

View original source — Bloomberg ↗

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