ArcelorMittal sells $270m Erdemir stake
ArcelorMittal sold a TL478m ($268m) stake in Turkish steel maker Eregli Demir ve Celik Fabrikalar (Erdemir) on Monday night. The deal is in keeping with ArcelorMittal's strategy to dispose of non-core assets, and follows a deal in 2012 from which the lock-up expired just before social unrest hit the country over summer.
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