Tag: 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 says Mittal won’t succeed with this offer
Mr Guy Dolle, CEO of Arcelor, declared on 6 March 2006 that Mittal Steel has no chance to succeed in its takeover bid with its current bad offer, but added that Arcelor's board would have to consider an all cash proposal on the sidelines of conference.
Arcelor extends deadline for Dofasco takeover
Citing the need for regulatory approvals, Arcelor SA is extending the deadline on its CDN 71-a-share offer to Dofasco Inc shareholders until 20 February.
