From Yahoo Finance: 2025-06-21 09:35:00

ArcelorMittal has signed a deal to sell its operations in Bosnia and Herzegovina, including the Zenica steel plant and Prijedor iron ore mining business, to Pavgord Group. The sale will result in a non-cash loss of approximately $0.2B for ArcelorMittal, with all employees’ jobs transferring to the new owner. The deal is expected to close in the third quarter of 2025, pending regulatory approval. Operations will continue as usual until then.

Read more: ArcelorMittal announces agreement to sell Bosnian operations