Published Sep 1, 2026, 6:29 AM ET · Updated 2 months ago · 2 sources
ArcelorMittal Drops Takeover of Italy JV After Government Ruling
bloomberg
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Original Report
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.