Archive for June 16th, 2006
Mr Mordashov to drop Arcelor merger if Mittal Steel reaches 50% stake
Mr Alexei Mordashov Severstal’s chairman and principal shareholder said that the group will abandon its plan to merge with Arcelor if Mittal Steel manages to acquire a stake of 50% or more in the combined group.
Alexei Mordashov during an interview with Le Figaro said that this is unlikely to happen. He said “We have no [...]
Posted: June 16th, 2006 under Steel.
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