Tag: Dofasco
Merger stops Dofasco going to ThyssenKrupp
Arcelor's plan to purchase Severstal would keep ThyssenKrupp from buying one of Arcelor's units Canadian Dofasco Inc. as planned by Mittal Steel and leave it with only smaller targets for an acquisition as the steel industry consolidates.
Schulz stands firm on Dofasco contract with Mittal
Reuters has reported that ThyssenKrupp's CEO Mr Ekkehard Schulz said on 20 May 2006 that Mittal Steel is contractually obliged to offer German steelmaker ThyssenKrupp an alternative to Canada's Dofasco.
Arcelor says it still has options
Arcelor's chairman Mr Joseph Kinsch told the 22 April edition of De Tijd newspaper that it has not used up all its options in its defense against an unsolicited takeover offer from Mittal Steel.
ThyssenKrupp still eying Dofasco
German steelmaker ThyssenKrupp AG is reconsidering its proposed acquisition of Canadian steel company Dofasco Inc. as part of a new corporate strategy, a board member said 1 March 2006.
Arcelor receives final approval to acquire Dofasco
Arcelor SA has announced that it has received the approval of the Canadian regulatory authorities with respect to its offer to acquire all of the outstanding common shares of Dofasco Inc.
Department of Justice to probe Mittal bid
The antitrust division of the US Department of Justice, has apparently initiated an investigation of Mittal Steel’s USD 23 billion hostile bid for Luxembourg-based Arcelor.