Tag: Mittal
Aditya Mittal president of ArcelorMittal
ArcelorMittal has announced that Aditya Mittal, Group CFO and CEO of ArcelorMittal Europe, has been appointed as President, ArcelorMittal, in addition to his current responsibilities.
Lakshmi N. Mittal receives honorary doctorate
Lakshmi N. Mittal, chairman and CEO of ArcelorMittal, was today awarded with a Doctor Honoris Causa by the AGH University of Science and Technology in Krakow, Poland. The honorary degree is the university’s recognition of Mr Mittal’s contribution to the development of both the Polish and global steel industry.
Arcelor’s shareholders will control Arcelor-Mittal
AFX has quoted a spokesman of Arcelor as saying that the control of Arcelor will not change once its merger with Mittal is completed.
Mittal’s revised offer approved
Market regulators in Belgium and Luxembourg announced that they have approved Mittal Steel's revised EUR 23.5 billion offer for Arcelor.
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.
Mittal offer for Arcelor expected in mid May
Mr Wilbur Ross told Forbes.com to expect a formal offer from Mittal for rival Arcelor around mid-May.