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ArcelorMittal Drops Takeover of Italy JV After Government Ruling

Bloomberg Markets Tuesday 01 September 2026, 10:29 UTC By Alberto Brambilla and Donato Paolo Mancini 1 min read
Key Points

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.

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.
ArcelorMittal Drops Takeover (ORG) Italy JV After Government (ORG) ArcelorMittal SA (ORG) carpart (ORG) CLN-Coils (ORG) Italian (ORG)
Originally published by Bloomberg Markets Read original →

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