Archive for May 22nd, 2006
Arcelor warming to Mittal bid?
European steelmaker Arcelor has said it is willing to study an improved 25.8bn euro ($33bn; £17.5bn) hostile takeover offer from Mittal Steel.
However, the Luxembourg-based firm said it would only do so once Mittal’s new bid had been approved by regulators.
A tie-up between Arcelor and Mittal would create the world’s biggest steel company, with control of [...]
Posted: May 22nd, 2006 under Steel.
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