Tag: Lakshmi Mittal
Dofasco decision in 2 weeks
The future of Canada-based Dofasco could be settled within the next two weeks, the date when members of the company’s administrative board are due to decide whether its owner, Arcelor Mittal, can sell it or not.
Mittal to keep Arcelor stainless for 18 months
Mr Lakshmi Mittal told the Belgian government on 19 April that Mittal Steel would retain Arcelor’s stainless steel business for 18 months if it succeeds in acquiring the world’s No 2 steel producer.
Mittal claims Arcelor investor’s support
Mittal Steel CEO Mr Lakshmi Mittal said on 15 March 2006 that he has support from a majority of investors in Arcelor for his company's planned USD 23.14 billion share and cash bid for the steel maker.
Mittal garners German support for Arcelor bid
Indian-born steel magnate Mr Lakshmi Mittal claims to have won the backing of German-based investors of Arcelor for his unsolicited bid for the world’s number two steelmaker, despite a refusal to sweeten the offer price, a German newspaper reported 9 February.
