皇冠体育-皇冠体育斯获得皇冠体育官网司法部反垄断许可,收购安赛乐米塔尔皇冠体育官网公司

皇冠体育——(皇冠体育官网商业资讯)——CLEVELAND- cliffs Inc.(纽约证券交易所代码:CLF)今天宣布,该公司已收到皇冠体育官网联邦贸易委员会竞争局的通知,根据1976年《哈特-斯科特-罗迪诺反垄断改进法案》,其拟议收购ArcelorMittal USA LLC及其子公司(“ArcelorMittal USA”)的大部分股权的等待期提前终止。此次批准是本次交易完成过程中最重要的里程碑,并再次确认了预计于2020年12月完成的交易。

该公司董事长、总裁兼首席执行官Lourenco Goncalves表示:“我们很高兴联邦反垄断机构提前批准了我们的交易。有了这些,我们就有了一条清晰的道路,可以按计划于下个月完成这笔交易。我们期待着在皇冠体育-克利夫斯运营这些资产的好处,并为与我们目前的足迹整合所带来的巨大优化潜力感到兴奋。由于我们很快将成为北美最大的扁钢生产商,我们承诺将非常照顾我们扩大的劳动力,并通过安全和环保的钢铁生产来支持我们国家的制造业。我们比以往任何时候都更愿意为皇冠体育-克利夫斯和我们的人民创造一个美好的未来。”

交易的完成仍取决于其他惯常的成交批准和条件,公司预计所有这些都将在交易完成前解决。

关于皇冠体育-皇冠体育斯公司

皇冠体育-克利夫斯成立于1847年,是北美最大的垂直整合的差异化铁矿石和钢铁生产商之一。该公司以非商品化产品为重点,具有独特的优势,可以为注重质量的客户群提供定制的铁矿石球团和钢铁解决方案。AK Steel是Cleveland-Cliffs的全资子公司,是一家领先的扁钢、不锈钢和电工钢产品生产商。AK管和精密合作伙伴业务为客户提供碳和不锈钢管产品,模具设计和工具,以及热冲压和冷冲压部件的解决方案。到2020年,Cliffs还预计将成为五大湖地区唯一的热压块铁(HBI)生产商。皇冠体育-克利夫斯总部位于俄亥俄州皇冠体育,在皇冠体育官网和加拿大拥有约11,000名员工,从事采矿和钢铁制造业务。更多信息,请访问www.alphaetomega.net或www.aksteel.com。

前瞻性陈述

This release contains statements that constitute "forward-looking statements" within the meaning of the federal securities laws. As a general matter, forward-looking statements relate to anticipated trends and expectations rather than historical matters. Forward-looking statements are subject to uncertainties and factors relating to our operations and business environment that are difficult to predict and may be beyond our control. Such uncertainties and factors may cause actual results to differ materially from those expressed or implied by the forward-looking statements. These statements speak only as of the date of this release, and we undertake no ongoing obligation, other than that imposed by law, to update these statements. Uncertainties and risk factors that could affect our future performance and cause results to differ from the forward-looking statements in this release include, but are not limited to: severe financial hardship, bankruptcy, temporary or permanent shutdowns or operational challenges, due to the ongoing COVID-19 pandemic or otherwise, of one or more of our major customers, including customers in the automotive market, key suppliers or contractors, which, among other adverse effects, could lead to reduced demand for our products, increased difficulty collecting receivables, and customers and/or suppliers asserting force majeure or other reasons for not performing their contractual obligations to us; uncertainty and weaknesses in global economic conditions, including downward pressure on prices caused by the COVID-19 pandemic, oversupply of imported products, reduced market demand and risks related to U.S. government actions with respect to Section 232, the USMCA and/or other trade agreements, treaties or policies; uncertainties associated with the highly competitive and highly cyclical steel industry and reliance on the demand for steel from the automotive industry; continued volatility of steel and iron ore prices and other trends, which may impact the price-adjustment calculations under certain of our sales contracts; our ability to cost-effectively achieve planned production rates or levels, including at our HBI production plant; our ability to successfully identify and consummate any strategic investments or development projects, including our HBI production plant; the impact of our steelmaking customers reducing their steel production due to the COVID-19 pandemic, or increased market share of steel produced using methods other than those used by our customers, or increased market share of lighter-weight steel alternatives, including aluminum; our ability to maintain adequate liquidity, our level of indebtedness and the availability of capital could limit cash flow available to fund working capital, planned capital expenditures, acquisitions, and other general corporate purposes or ongoing needs of our business; our actual economic iron ore reserves or reductions in current mineral estimates, including whether any mineralized material qualifies as a reserve; our ability to successfully diversify our product mix and add new customers; the outcome of any contractual disputes with our customers, joint venture partners or significant energy, material or service providers or any other litigation or arbitration; problems or uncertainties with sales volume or mix, productivity, transportation, environmental liabilities, employee-benefit costs and other risks of the steel and mining industries; impacts of existing and increasing governmental regulation and related costs and liabilities, including failure to receive or maintain required operating and environmental permits, approvals, modifications or other authorization of, or from, any governmental or regulatory entity and costs related to implementing improvements to ensure compliance with regulatory changes; our ability to maintain appropriate relations with unions and employees; the ability of our customers, joint venture partners and third-party service providers to meet their obligations to us on a timely basis or at all; events or circumstances that could impair or adversely impact the viability of a production plant or mine and the carrying value of associated assets, as well as any resulting impairment charges; uncertainties associated with natural disasters, weather conditions, unanticipated geological conditions, supply or price of energy, equipment failures, infectious disease outbreaks and other unexpected events; adverse changes in interest rates, foreign currency rates and tax laws; the potential existence of significant deficiencies or material weakness in our internal control over financial reporting; our ability to realize the anticipated benefits of the merger with AK Steel and to successfully integrate the businesses of AK Steel into our existing businesses, including uncertainties associated with maintaining relationships with customers, vendors and employees, as well as realizing additional future synergies; additional debt we assumed or issued in connection with the merger with AK Steel, as well as additional debt we incurred in connection with enhancing our liquidity during the COVID-19 pandemic, may negatively impact our credit profile and limit our financial flexibility; changes in the cost of raw materials and supplies; supply chain disruptions or poor quality of raw materials or supplies, including scrap, coal, coke and alloys; disruptions in, or failures of, our information technology systems, including those related to cybersecurity; unanticipated costs associated with healthcare, pension and OPEB obligations; the completion of the acquisition of ArcelorMittal USA (the “Transaction”) on the anticipated terms and timing or at all, including the receipt of regulatory approvals and anticipated tax treatment; our ability to integrate ArcelorMittal USA's businesses and our existing businesses successfully and to achieve anticipated synergies from the Transaction; business and management strategies for the maintenance, expansion and growth of the combined company's operations following the consummation of the Transaction; potential litigation relating to the Transaction that could be instituted against us or our officers and directors; disruptions from the proposed Transaction that have the potential to harm our or ArcelorMittal USA's businesses, including current plans and operations; our ability to retain and hire key personnel, including within the ArcelorMittal USA businesses following the completion of the Transaction; potential adverse reactions or changes to business relationships resulting from the announcement or completion of the Transaction; and additional debt we incur, or other proposed financing transactions we may enter into, in connection with the Transaction may negatively impact our credit profile and limit our financial flexibility.

有关影响Cliffs业务的其他因素,请参阅截至2020年9月30日季度期间Cliffs的10-Q表格季度报告中的“风险因素”。

我们敦促您仔细考虑这些风险因素。

媒体联系人:Patricia Persico,企业传播总监(216)694-5316

投资者联系人:Paul Finan董事,投资者关系(216)694-6544

资料来源:Cleveland-Cliffs Inc。