Mittal heads for Luxembourg to toast Arcelor deal
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Steel magnate Lakshmi Mittal will  outline on Monday his vision for the world&#039;s largest  steelmaker, forged by the merger of Mittal Steel  and  Arcelor  in Luxembourg where five months ago he was  spurned as a corporate raider.
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Jean-Claude Juncker, Luxembourg's prime minister and finance minister, is the favourite to take on the job, which aims to give the euro a political profile on the world stage.
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Arcelor Mittal , the world's largest steelmaker, said on Sunday it has terminated an agreement to sell its Sparrows Point, Baltimore facility to E2 Acquisition Corp due to E2's inability to secure financing.
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Lakshmi Mittal, the Indian-born steel magnate, yesterday staked a claim to overtake Roman Abramovich as Britain&#39;s richest man with a Â£10bn deal to create the world&#39;s largest steelmaker.
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Russian steel firm Severstal   is mulling a bid for Anglo-Dutch rival Corus  ,  just days after its merger attempt with Luxembourg&#039;s Arcelor   was derailed, dealers said on Wednesday.
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Steel firms Mittal  and Arcelor   are drawing close to a friendly merger deal that  would end a six-month hostile bidding war and forge the world&#039;s  largest steel company, French newspaper La Tribune reported on  Friday.
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Mittal Steel, the new company to be formed by a merger of British billionaire Lakshmi Mittal&#39;s considerable steel holdings with the International Steel Group, will ship about 57 million tons
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Steel giant Arcelor Mittal reports profits of $2.37bn for the final quarter of 2006, the first results since last year's merger.
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The $17.8 billion, three-way deal that Lakshmi N. Mittal, a financier based in London, announced this week would put him at the head of the largest, most geographically diverse steel company in the world.
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Lakshmi Mittal, chief executive of ArcelorMittal, the steel group, will make the keynote speech at this year&#39;s business book of the year award ceremony in October.
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The &quot;bigger is better&quot; mind-set dominating the steel industry reached new heights yesterday when billionaire baron Lakshmi Mittal said he&#39;ll create the world&#39;s largest
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London - Indian-born billionaire Lakshmi Mittal has agreed to acquire the US&#39;s International Steel Group for about $4.5 billion (R27.
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Mittal Steel  is increasingly  confident it can convince Arcelor  shareholders to  back its offer to buy the European steel maker and pressure  management into dropping its resistance, Mittal's chief  executive said in a newspaper interview.
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Rotterdam, The Netherlands, and Richfield, OH- Ispat International N.V. announced that it has agreed to acquire LNM Holdings N.V. Following completion of the transaction, the company will be renamed Mittal ...
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Steel tycoon Lakshmi Mittal announced plans Monday to take over US steelmaker International Steel Group as part of a three-way merger to create a global metals mammoth.
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Indian-born Lakshmi Mittal started out with a steel mill in Indonesia in 1976. By April of next year, the London-based entrepreneur will have bought Wilbur Ross&#39;s International Steel Group
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Lakshmi Mittal, who is based in the UK, yesterday set his seal on the consolidation of the global steel industry with a $17.8bn (Â£10bn) double merger to create the world&#39;s largest producer.