Cleveland-Cliffs Receives Final Approvals for Stelco Acquisition

Source: www.gulfoilandgas.com 10/30/2024, Location: North America

Cleveland-Cliffs Inc. announced that it has received regulatory and program approvals under the Investment Canada Act and Strategic Innovation Fund, the final approvals needed to complete Cliffs’ pending acquisition of Stelco Holdings Inc. (“Stelco”). With these approvals in hand, the acquisition can move to closing. The transaction is currently scheduled to close on November 1, 2024.

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