arcelor

Mittal Steel Company N.V. was formed by the merger of LNM holdings & ISPAT International Steel Group Inc. CEO Lakshmi Mittal’s family owned 88% of the company and its headquarter was in Rotterdam, Netherlands. The company was the world’s largest steel producer by volume and also the largest...

done by my batchmates for communication assignmt

A Japanese steelmaker could become Mittal Arcelor’s next takeover target as the world’s No1 steel maker eyes technology for high-end automotive sheet, the head of Kobe Steel Ltd said on Tuesday. Kobe Steel president Yasuo Inubushi said the European steel giant, formed after Mittal Steel’s...

KOLKATA: The steel industry, it seems, is set to witness another acquisition. If the takeover of Posco, the world’s third-largest steel maker, by No 1 Arcelor Mittal happens, it will be the mother of all mergers in the industry. Decibel levels on such merger have been rising, ever since a...

LONDON: Arcelor Mittal, the world's leading steelmaker, may start looking for an outside non-executive chairman amid concerns that its chief executive and main shareholder Lakshmi Mittal wields too much power, the Financial Times reported on Wednesday. In an interview with the newspaper...

London: Mittal Steel on Wednesday announced it has gained 92 control of Arcelor as it moves closer to completing its US$ 31.7 billion takeover of the European rival. Mittal, which on July 18 announced acquiring 50% share in Arcelor fulfiling the minimum requirement for takeover of the rival...

Mittal, Arcelor Now Won, Targets China, $8.7 Billion India Mill July 14 (Bloomberg) -- Lakshmi Mittal, who won his five- month battle to take over Arcelor SA and create the world's largest steelmaker, now faces a bigger challenge. He plans to break into the fast-growing markets of China and...

Deal forged, Mittal shares cool June 27, 2006 Shares of Netherlands-based Mittal Steel Co. slumped Monday after Arcelor of Belgium agreed to a $33.7 billion purchase by its larger rival. Mittal, whose North American headquarters are based in Chicago, raised its bid for a...