Tag: European Commission
EC approves Mittal-Arcelor merger
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Arcelor by Mittal Steel subject to conditions as both companies are major steel producers.
EC to extend review of Mittal’s bid
Reuters has reported that the European Commission will extend by 10 working days its review of Mittal Steel's unsolicited EUR 20 billion bid for Arcelor citing a source familiar with the situation.