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Here are Wednesday’s top stories:
ArcelorMittal (NYSE:MT) will divest its 48.1 percent investment in Paul Wurth Group to SMS GmbH, a move which represents the firm’s strategy to sell off its non-core assets. Financials of the transaction were not divulged.
Don’t Miss: Google Puts This Price On Motorola Patents.
London Metal Exchange (LME) shareholders approve Hong Kong Exchanges $2.2 billion acquisition bid, which effectively ends a struggle for the former that lasted almost a year. Shares in Hong Kong Exchanges didn’t really change on the news, but have fallen some 30 percent since the February offer was reported.
Don’t Miss: Is Apple Getting Bitten in China?
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