TRANSACTION AGREEMENT by and between CLEVELAND-CLIFFS INC. and ARCELORMITTAL S.A. Dated as of September 28, 2020Transaction Agreement • October 23rd, 2020 • Cleveland-Cliffs Inc. • Metal mining • New York
THIS TRANSACTION AGREEMENT (this “Agreement”) is made and entered into as of September 28, 2020 by and between ArcelorMittal S.A., an entity formed under the Laws of Luxembourg (“Seller”) and Cleveland-Cliffs Inc., an Ohio corporation (“Buyer”). Each of Seller and Buyer are referred to herein as a “Party” and collectively the “Parties.” Unless defined elsewhere within the text of this Agreement, capitalized terms are defined in Article I.
