Archive for July 27th, 2006
Mittal secures 92 percent of arcelor shares
Mittal secures Arcelor backing:
MITTAL Steel has won control of 92 per cent of Arcelor shares as it closes in on the controversial £18 billion takeover of its rival.
Mittal needed 50 per cent of Arcelor shareholders to back the deal to create a company more than three times the size of the next biggest steelmaker.
Chairman and [...]
Posted: July 27th, 2006 under Steel News.
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