Arcelor CEO believes that he can fend off Mittal
Arcelor SA still believes it can fend off the Mittal Steel Co. NV takeover bid, but does see the need for consolidation in the steel industry, CEO Mr Guy Dolle said according to the press release of an interview to appear in Die Welt.
Arcelor CEO gives no chance to Mittal Steel bid
Arcelor will succeed in fighting off Mittal Steel's USD 23 billion hostile takeover bid Arcelor's Deputy CEO said 24 February 2006.
India chides Europe on view of Mittal bid
India’s trade minister on 10 February criticized European governments opposing a bid by Mittal Steel for European steelmaker Arcelor, warning their stance could derail global trade talks and saying their resistance smacked of racism.
Mittal hopes to close Arcelor buy in Q2
It has been reported in a Belgian newspaper that Mr LN Mittal said he hoped to close Mittal Steel’s purchase of Arcelor "well before" the end of the second quarter.
Arcelor close to unveiling China project
Arcelor is close to announcing a project in China that it hopes will help convince its shareholders that it has a global growth strategy that offers its shareholders a superior proposition to Mittal Steel.