Archive for November 23rd, 2005
Steelmaker Arcelor in hostile bid for Dofasco
Steelmaker Arcelor has made a 3bn euro (£2.1bn; $3.6bn) hostile bid for Canada’s Dofasco after talks between the firms broke down.
The Luxembourg-based firm said it had approached Dofasco investors with the 40-euros-a-share bid after the two had been unable to agree on a deal.
Arcelor said it had first approached Dofasco - Canada’s largest steelmaker [...]
Posted: November 23rd, 2005 under Steel.
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