Wednesday, January 2, 2013

FOXBusiness.com: ArcelorMittal to sell $1.1billion stake in Canadian unit

FOXBusiness.com
FOX Business Network - The Power to Prosper
ArcelorMittal to sell $1.1billion stake in Canadian unit
Jan 2nd 2013, 11:41

ArcelorMittal , the world's biggest steelmaker, will sell a 15 percent stake in one of its Canadian iron ore operations, raising $1.1 billion to help pay off debt at a time of sluggish demand.

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