ArcelorMittal SA Sells Etilam to STPI-Les Echos
Les Echos reported that ArcelorMittal SA has sold its subsidiary Etilam, a producer of metal strips, to STPI (Societe Thiernoise de Participations Industrielles), a holding company belonging to Francois Lemasson. The deal is worth approximately EUR 12 million over three years, half of which must be paid in the first year.
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