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Monday, March 23, 2015

EU mergers and takeovers (March 23), (NYQ: MT)

The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS-- Luxembourg-based steel producer ArcelorMittal and Italian peer Coils Lamiere Nastri SpA to form a joint venture (approved March 20)

ArcelorMittal SA is a Luxembourg-based company involved in the mining and steel industry. Shares of MT traded higher by 1.19% or $0.12/share to $10.20. In the past year, the shares have traded as low as $9.21 and as high as $16.80. On average, 6326910 shares of MT exchange hands on a given day and today's volume is recorded at 7653979.