ArcelorMittal May Get $491 Million IDC Bid for South Africa Unit

Sep 29, 2025 - 09:15
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ArcelorMittal May Get $491 Million IDC Bid for South Africa Unit
South Africa’s top development finance institution is working with financial advisers on a possible bid of about 8.5 billion rand ($491 million) for control of ArcelorMittal SA’s business in the country, people familiar with the situation said.

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