Tag: Arcelor
Mittal and Arcelor reported to be eyeing CSN
A new conflict has begun between Mittal Steel and Arcelor for buying Companhia Siderurgica Nacional, reported to be worth almost USD 10 billion.
Mittal calls for peaceful solution
Mittal Steel’s CEO Mr LN Mittal called on Arcelor’s CEO Mr Guy Dolle to reach a peaceful solution to the takeover battle between their two companies on 25 March 2006.
Lawmakers back takeover law changes
Luxembourg's parliaments finance committee backed a change in the country's takeover rules that could threaten Mittal Steel's hostile bid for Arcelor adding a twist in the merger battle.
Luxembourg to vote on takeover law
Luxembourg's parliament is to decide 22 March 2006 whether to introduce new rules which could obstruct the bid of Mittal Steel for Arcelor.
Mittal not to raise bid for Arcelor
Mittal Steel CEO Mr LN Mittal said that he had no plans to raise his EUR 19 billion offer for Arcelor SA or make a all cash bid, and was confident that Luxembourg would not try to scuttle the deal.
Mittal presents Arcelor plan to Luxembourg
Mittal Steel has presented a detailed industrial plan for the takeover of rival Arcelor to Luxembourg's government.