The transaction closing is anticipated to occur before the end of the first half of this year. :
Global steel giant ArcelorMittal Wednesday said it has received approval from the European Commission to sell steel-making assets in Europe to Liberty House. "ArcelorMittal announces that it has received European Commission (EC) approval for the sale of several steel-making assets to Liberty House Group," NRI billionaire L N Mittal-led ArcelorMittal said in statement Wednesday.