French bank and Tassara raises stake

Italy’s Carlo Tassara International SA has increased its stake in Luxembourg-based steel group Arcelor and plans to continue buying shares. Tassara, controlled by French businessman Mr Romain Zaleski, now has 16,050,747 shares or 2.51% of the total after buying 907,842 shares for EUR 32.97 each. French mutual bank CIC also bought 368,000 Arcelor shares for EUR 32.99 each taking its holding to 6,768,000 shares, representing just over 1% of Arcelor’s share capital.

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