Reuters: Money News: ArcelorMittal to sell $1.1bln stake in Canadian unit

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ArcelorMittal to sell $1.1bln stake in Canadian unit Jan 2nd 2013, 10:46 SEOUL/BRUSSELS (Reuters) - 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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