ArcelorMittal steel company has taken out a $ 5.1 billion loan for its partnership with Nippon Steel. With this, AMNS, as the collaboration is called, finances the amount it borrowed for the acquisition of the Indian Essar Steel.
Arcelor Mittal and his Japanese partner received the green light last year for the acquisition of the bankrupt Essar Steel. After the offer was accepted, a further series of lawsuits followed.
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