26 de abril de 2017 / 11:18 / hace 5 meses

BRIEF-Bekaert and ArcelorMittal extend their partnership in Brazil

April 26 (Reuters) - NV Bekaert SA:

* Bekaert and ArcelorMittal extend their partnership in Brazil

* Bekaert and ArcelorMittal reached agreement on integration of co’s currently wholly-owned subsidiary in Sumare (Brazil) into BMB (Belgo Mineira Bekaert Artefatos de Arame Ltda) partnership

* ArcelorMittal will be the majority shareholder (55.5 pct) of the steel cord entity in Sumare and Bekaert will hold the remaining shares (44.5 pct)

* Transaction is subject to customary closing conditions and is expected to be completed in the Q2 of 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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