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ArcelorMittal SA announces receipt of US antitrust clearance for ThyssenKrupp Steel USA acquisition


Thursday, 30 Jan 2014 04:00am EST 

ArcelorMittal SA:Says that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (HSR) terminated on Jan. 29 with respect to its acquisition, through a 50/50 joint venture with Nippon Steel & Sumitomo Metal Corporation, of ThyssenKrupp Steel USA.Says the termination of the HSR waiting period satisfies one of the conditions to the closing of the acquisition.Says subject to the satisfaction of other customary conditions (including the receipt of additional regulatory approvals), the acquisition is expected to close later in the first quarter of 2014 or in the second quarter of 2014. 

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