Tag: Mittal Steel
Mittal sets date of Arcelor offer
Mittal Steel will officially launch its takeover bid for European steel giant Arcelor in two weeks' time, chief executive Mr Lakshmi Mittal has confirmed.
NLMK Chairman interested in a stake in Arcelor
Mr Vladimir Lisin chairman of NLMK is interested in buying a stake in Arcelor and met Luxembourg Economy Minister Mr Jeannot Krecke to discuss it.
EU sets target date for Mittal’s bid ruling
EU regulators have set a 19 May target for an antitrust ruling on Mittal Steel's EUR 19 billion hostile takeover bid for Arcelor SA.
Luxembourg drops takeover law change
Luxembourg has dropped a proposed change in its takeover laws that would have helped Arcelor to fend off Mittal Steel's takeover bid.
Mittal to go ahead with bid
Mittal Steel said on 4 April 2006 that it would press ahead with a hostile takeover bid for Arcelor, after its European rival stepped up defences.
Arcelor to make announcement about bid
Reuters has reported that Arcelor will announce measures designed to fend off the unsolicited bid from Mittal Steel citing a source close to the deal.