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Commission Decision No. 37-M-031/2018 Acquisition by Macsteel Global S.à.r.l. B.V. of Shares in Macsteel International Holdings B.V.

/ Commission Decision No. 37-M-031/2018 Acquisition by Macsteel Global S.à.r.l. B.V. of Shares in Macsteel International Holdings B.V.

Commission Decision No. 37-M-031/2018 Acquisition by Macsteel Global S.à.r.l. B.V. of Shares in Macsteel International Holdings B.V.

Commission Decision No. 37-M-031/2018
Acquisition by Macsteel Global S.à.r.l. B.V. of Shares in Macsteel International Holdings B.V.

ABSTRACT:

The target firm in the proposed transaction, Macsteel International Holdings B.V. (“MIHBV”), is a joint venture company whose shares are held 50% by Macsteel Global S.à.r.l. B.V. (“MacGlobal”) and 50% by MSSA Investments B.V. (“MSSA”), a wholly-owned subsidiary of ArcelorMittal South Africa Limited (a company controlled by ArcelorMittal S.A.). MacGlobal will acquire the remaining 50% of the shares in MIHBV which it does not already own, from MSSA.

1678153647_PCC_Macsteel-ArcelorMittal_M-2018-005-Commission-Decision-No.-37-M-031-2018_dated_30Oct2018.pdf

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