Archive for January 27th, 2006
Mittal Steel makes offer for Arcelor
LONDON (Reuters) - Mittal Steel said on Friday it had launched an 18.6 billion euro (12.8 billion pounds) offer for French rival Arcelor .
Mittal Steel said the offer was worth 28.21 euros a share, a 27 percent premium to Arcelor’s closing price on January 26.
Under the offer, Arcelor shareholders will get 4 Mittal Steel shares [...]
Posted: January 27th, 2006 under Steel.
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