Tag: Dofasco Inc.

Dofasco changes name

Dofasco Inc. has announced that effective from 30 November 2007 it will change its name to ArcelorMittal Dofasco Inc.

Arcelor Mittal not to sue Stichting over Dofasco

Arcelor Mittal has announced, on 10 January 2007, that the respective Boards of Directors of Mittal Steel Co. and Arcelor have decided not to initiate litigation seeking to dissolve the Strategic Steel Stichting, an independent Dutch foundation, with a view to obtaining the transfer to Arcelor of the 89% of the shares of Dofasco Inc., currently held by Stichting.

Arcelor deposits 98.5% of Dofasco’s shares

Arcelor SA has announced that an additional 7,967,623 common shares of Dofasco Inc. including shares deposited by guaranteed delivery, were deposited to Arcelor's offer to acquire all of the outstanding common shares of Dofasco for CAD 71.00 in cash per Dofasco common share between 20 February 2006, the previous expiry date of the offer, and 8:00pm on 7 March 2006, the latest expiry date of the offer.

Arcelor acquires 88.38% of Dofasco’s shares

Arcelor SA and Dofasco Inc. have announced that 69,563,143 common shares of Dofasco, including shares deposited by guaranteed delivery, representing 88.38% of the Dofasco common shares outstanding on a fully-diluted basis, were deposited to Arcelor’s offer to acquire all of the outstanding common shares of Dofasco for CAD 71.00 in cash per Dofasco common share by the expiry time of the offer on 20 February 2006.

Arcelor extends deadline for Dofasco takeover

Citing the need for regulatory approvals, Arcelor SA is extending the deadline on its CDN 71-a-share offer to Dofasco Inc shareholders until 20 February.

ThyssenKrupp may buy other assets

ThyssenKrupp AG, after bowing out of the bidding for Canadian steel producer Dofasco Inc., may seek to acquire other companies in North America to expand outside Europe, analysts said.

Dofasco defers activation of shareholders rights p

Dofasco Inc. has announced that at a meeting of the company’s Board of Directors, directors unanimously approved deferring the separation of the Rights under the terms of Dofasco’s Shareholder Rights Protection Plan, in respect of the Arcelor Offer for Dofasco’s common shares announced 23 December 2005.

ThyssenKrupp takeover bid

The Executive Board of ThyssenKrupp AG has resolved to submit a friendly takeover bid for a 100% interest in the Canadian steel producer Dofasco Inc. at a cash price of CDN 61.50 per share.

Canada: acid plant expansion

UVK Corp. (Mansfield, OH, USA) has won a contract from Dofasco Inc. to expand the treatment capacity of an acid regeneration plant at Hamilton, ON.