ArcelorMittal Cash Tender Offers
Davis Polk advised the dealer managers in connection with cash tender offers by ArcelorMittal S.A. to purchase for cash certain of its U.S. dollar and euro denominated securities.
With steelmaking operations in 19 countries on four continents, ArcelorMittal is the world’s largest and most global steel producer and a significant producer of iron ore and coal. ArcelorMittal’s shares are listed on the NYSE, Euronext Amsterdam, Euronext Paris, the Luxembourg Stock Exchange and the Bolsas de Valores of Madrid, Barcelona, Bilbao and Valencia.
The Davis Polk corporate team included partner John Banes and counsel Radoslaw Michalak and Amy T. Alter. Partner Simon Witty and European counsel John Taylor provided English law advice. Partner John D. Paton, counsel Alon Gurfinkel and associate Veronica Orecharova provided U.S. tax advice. Partner Jonathan Cooklin and associate Dominic Foulkes provided U.K. tax advice. Members of the Davis Polk team are based in the London and Paris offices.