Steelmaker Arcelor SA said Monday its board has rejected Mittal Steel Co.’s revised takeover offer and recommended that shareholders approve a deal with Russia’s OAO Severstal. Subscribe to read this ...
Arcelor Mittal forecasts 3%-4% steel demand growth in FY24, excluding China, amid upbeat Q1 sales. Despite lower EBITDA, Arcelor Mittal remains positive on medium/long-term steel demand outlook and ...
ROME (Reuters) - Italian Industry Minister Luigi Di Maio said on Thursday that the tender to sell the Ilva steel plant to industry giant ArcelorMittal was illegitimate, but it was not the fault of ...
Arcelor is willing to study Mittal Steel's improved takeover offer and business plan to create a global steel giant, Arcelor said on Sunday, opening the door to possible talks with its suitor. "The ...
LUXEMBOURG & CHEREPOVETS, Russia--(BUSINESS WIRE)--April 13, 2006--Representatives of Arcelor (Pink Sheets:ARLOF) (BOURSE:LOR) and Severstal have inaugurated their joint galvanising line, Severgal, ...
Lakshmi Mittal is a man with a vision for the global steel industry, and his place in it--at the center. That makes Mittal Steel 's 18.6 billion euro hostile bid for France's Arcelor, its next biggest ...
European steel maker Arcelor came out fighting and determined to win on Jan. 30 in the face of a hostile takeover bid by Mittal Steel as France voiced deep concern about the fate of the European steel ...
An epic battle of billionaire steel barons has ended. Arcelor's board today accepted a revised merger offer from Mittal Steel , closing the door on Russian rival OAO Severstal and creating a company ...
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