Riberas family to buy Gestamp stake for €875m as Arcelor retrenches

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Riberas family to buy Gestamp stake for €875m as Arcelor retrenches

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ArcelorMittal on Friday announced the sale for €875m of its 35% stake in the Spanish car parts supplier Gestamp Automoción to the Riberas family, who are yet to disclose details of how they will finance the purchase.

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