ArcelorMittal announces that following purchases of 11.31% on June 13 it now owns 24.989% of the Turkish steel company Erdemir. The shares were acquired in transactions with Société Générale, Nextgen Capital Limited and Credit Suisse International. The acquisition price was YTL 8.4 (US$ 6.69) per share. The value of the acquired stake is US$ 869.25 Million.

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