Steel deal: the story of Mittal’s investment in Irish firm
Lakshmi Mittal takes 49% stake in Ecocem France
ArcelorMittal, the $68 billion multinational steel giant, has increased its stake in the French subsidiary of Ecocem, a move that will enable the Irish low-carbon cement producer to expand its operations on the continent.
ArcelorMittal, headed by the billionaire tycoon Lakshmi Mittal, has increased its shareholding in Ecocem France from 30 per cent to 49 per cent, according to a statement from the Luxembourg-based conglomerate released last week.
The statement also said that Ecocem France will open a...
Subscribe from just 1€
Choose the subscription that is right for you
For the first month
€19.99 Monthly ThereafterSubscribe today
For the first year
€199.99 annually thereafterSubscribe today
For the first 90 days
€55.00 quarterly ThereafterSubscribe today
These offers are not available for current subscribers. Offers and pricing are subject to change without notice.
Terms & Conditions Apply