ArcelorMittal, Ukraine’s largest foreign investor, received on Friday an offer from the Liberty House Group to purchase most of its European assets. Britain’s Liberty House wants to buy Arcelor’s steel operations in the Czech Republic, Italy, Macedonia and Romania. Separately, Arcelor is negotiating the sale its assets in Belgium and Luxembourg. The sales would be part of Arcelor’s plan to buy Ilva, an Italian company that owns Europe’s largest steel plant, in Taranto. Arcelor’s statement on its Europe plans make no mention of its Ukraine holdings.
ArcelorMittal, Ukraine’s largest foreign investor, received on Friday an offer from the Liberty House Group to purchase most of its European assets.
