Cleveland-Cliffs receives final approval for Stelco acquisition, closing on Nov 1, 2024.
Cleveland-Cliffs Inc. has received final regulatory approvals for its acquisition of Stelco Holdings Inc., with the deal expected to close on November 1, 2024. Initially announced in August 2019, the acquisition will allow Stelco’s Ontario facilities to operate under its current name as a wholly-owned subsidiary of Cleveland-Cliffs. The company's stock is currently trading at $13.72 on the NYSE.
October 30, 2024
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