E.C. Delays Steel Merger Review Of Arcelor, CFL Cargo
Arcelor Profil Luxembourg SA, which is jointly owned by Arcelor SA and Luxembourg’s national railroad, plans to acquire 33% of CFL Cargo SA for around $50 million to $57 million.
The E.C. delayed the review in order to study offers from each company of assets they would be willing to divest in order to obtain antitrust clearance,...
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