ArcelorMittal raises $667 million from Vallourec stake sale

ArcelorMittal SA

19/05/2026 07:10

May 19 (Reuters) - ArcelorMittal MT.LU has raised about $667 million (573 million euros) from a secondary share sale of a 10% stake in French steel tubes maker Vallourec VLLP.PA, the world's second-largest steelmaker said on Tuesday.

(1 euro = $1.1640)

 (Reporting by Gianluca Lo Nostro; Editing by Bernadette Baum)

 ((gianluca.lonostro@thomsonreuters.com))