Tag: Arcelor

Mr Ross confirms that Mittal will not raise offer

Stainless Steel World Publisher -
Mr Wilbur Ross a director of Mittal Steel confirmed on 26 May 2006 that Mittal Steel will not raise its offer for Arcelor.

Arcelor to merge with Severstal

Stainless Steel World Publisher -
Arcelor (Luxembourg) and Severstal (Russia) have agreed to merge.

Mittal says offer period may be extended

Stainless Steel World Publisher -
Mittal Steel said that the closing date of its offer for Arcelor might be extended slightly as a result of the improvements to its bid announced earlier on 19 May 2006.

Mittal offer for Arcelor opens

Stainless Steel World Publisher -
Mittal Steel Co. has announced on 18 May 2006 that its offer for Arcelor has opened in Luxembourg, France and Belgium.

Mittal improves offer for Arcelor

Stainless Steel World Publisher -
Mittal Steel Co. has announced on 19 May 2006 its decision to improve its offer made to the security holders of Arcelor SA.

Mittal launches bid for Arcelor

Stainless Steel World Publisher -
Mittal Steel has launched its offer to Arcelor shareholders on 18 May 2006.

Mittal granted conditional go ahead for Arcelor

Stainless Steel World Publisher -
The Department of Justice has announced on 13 May 2006 that it has reached an agreement with Mittal Steel regarding its offer to acquire Arcelor SA.

US Antitrust clearance for Arcelor bid

Stainless Steel World Publisher -
Mittal Steel Co. NV has announced that the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to Mittal’s bid to acquire Arcelor expired at 11:59 pm on 11 May 2006.

Arcelor files patent lawsuit against Mittal

Stainless Steel World Publisher -
Arcelor has filed a lawsuit against Mittal Steel in the USA over alleged patent infringement, a spokesman with the Luxembourg-headquartered company told SteelWEEK.

Mittal willing to revise offer for Arcelor

Stainless Steel World Publisher -
Mittal Steel said it's willing to revise its EUR 22.8 billion bid for Arcelor SA following the first contact between the company's executives since the offer was announced more than three months ago.
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