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Deals Rumor Mill: ArcelorMittal, Saudi Aramco, Peloton

By Adam Rhodes (September 10, 2019, 4:40 PM EDT) -- Luxembourg-based steel giant ArcelorMittal is considering selling a downstream construction unit, Bloomberg reported on Tuesday. Citing anonymous sources, Bloomberg reported that the unit could be sold for as much as €800 million ($883.3 million). The report states the company has already tapped advisers to help auction off the unit. According to the report, the sale comes as the company looks to sell off what the outlet called "peripheral operations."...

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