/biz/ - Business & Finance

>>24711692

Cope

>>24711704

Yes

>>24711713

Dude... CLF still is only sitting on 5.5b mkt cap... look at the details of the M&A of MT USA

17b revenue pro forma.. 5.5b mkt cap.. and you are wondering why this shit won't go to 50?

https://seekingalpha.com/news/3642967-cleveland-cliffs-closes-deal-for-arcelormittal-usa

Cleveland-Cliffs (CLF -0.4%) says it has completed the acquisition of all operations of ArcelorMittal USA (MT -0.3%) and its subsidiaries, forming the largest flat-rolled steel producer in North America.

On a FY 2019 basis, the combined Company generated ~$17B in pro-forma revenues and $1.7B in combined adjusted EBITDA, including expected synergies.

The deal includes ArcelorMittal USA's 60% interest in I/N Tek LP and 50% interest in I/N Kote LP, and Nippon Steel's respective remaining 50% and 40% stakes in I/N Kote and I/N Tek.

>>24711717

What is this moron on about

http://gains.dob.jp