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ArcelorMittal, the world's largest steel producer, has struck a deal to sell its steelmaking facilities in the Czech Republic, Romania, Macedonia and Italy to Liberty House, it said on Friday.
The sales satisfy part of an agreement with the European Commission related to ArcelorMittal's acquisition of Italian steelmaker Ilva.
The Commission approved the bid for Europe's biggest steel plant by capacity in May after ArcelorMittal pledged to sell a string of businesses across Europe to address competition concerns.
ArcelorMittal said talks were ongoing for the sale of ArcelorMittal Dudelange in Luxembourg and several finishing lines in Liege, Belgium, which were the other
