Carrefour Brazil announced that it has entered into exclusive negotiations with Barzel for the sale of 5 distribution centers and 5 stores owned by Grupo Carrefour Brasil, for a total amount of ~R$ 1.3 billion (~R$ 1.1 billion net of capital gain taxes and other fees). Those assets will be leased back to Carrefour under lease agreements with 20-year terms, renewable for additional 5-year terms, ensuring the continuity of operations. Rent expenses related to these properties will be ~R$ 10 million per month (cap rate of 9.1%).

Q 2023 Key Highlights:

Health and safety focus: Protecting the health and wellbeing of the employees remains an overarching priority of the Company. Moving to a ‘predict-and-prevent’ culture with a particular focus on proactively reporting – and responding to – instances with the specific potential for serious injuries or fatalities (proactive PSIFs)2; LTIF2 rate of 0.64x in 1Q 2023

ArcelorMittal Europe – Flat Products and Bamesa, an international leader in steel service centres (SSCs), have today signed a Memorandum of Understanding (MoU) that will strengthen both companies’ efforts to reduce CO2 emissions as well as using XCarb® solutions.

Yves Koeberle, CEO ArcelorMittal Europe – Flat Products, signed the MoU at Bamesa’s headquarters in Barcelona, Spain, on 29 March.

At today's Annual General Meeting of HELLA GmbH & Co. KGaA, the shareholders followed the company management’s proposal to pay a dividend of €2.88 per share for the short fiscal year 2022 with a large majority of 99.99 percent. HELLA's shareholders also approved all other items on the agenda with a large majority.