Interpipe has signed an agreement to acquire ArcelorMittal’s Romanian pipe plant ArcelorMittal Tubular Products Roman S.A., the company announced.
The closing of the deal is subject to obtaining approvals from antitrust authorities and foreign direct investment. Until these conditions are met, the companies will continue to operate separately.
The company clarified that this plant is not related to another Romanian pipe company, ArcelorMittal, which Metinvest had previously planned to acquire.
INTERPIPE, pipe plant, ROMANIA
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