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Announced

ITOCHU to acquire a 49.6% stake in 9404-5515 Québec from EQP Cooperatief and Korea Investment Private Equity for $560m.

Synopsis

ITOCHU, a trading company that offers domestic trading, import and export, and overseas trading, agreed to acquire a 49.6% stake in 9404-5515 Québec, an investment management company that owns 15.0% shares of ArcelorMittal Mining Canada and ArcelorMittal Infrastructure Canada, from EQP Cooperatief and Korea Investment Private Equity for $560m.

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