ISG to be bought out in deal creating huge steel maker
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America&#39;s biggest steel maker, International Steel Group, agreed to a $4.5 billion buyout bid from a Dutch concern in a multipart transaction that will create the world&#39;s largest steel company.
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Lakshmi Mittal, one of the UK's  wealthiest men, will merge his steel assets and buy  International Steel Group Inc. in a deal worth $17.8 billion to  form the world's largest steel company.
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Netherlands-based steelmaker Ispat International NV said Monday that it agreed to acquire LNM Holdings NV and International Steel Group Inc.
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LONDON: NRI business tycoon Lakshmi N Mittal-owned Ispat International on Monday became the world&#39;s largest steelmaker with a new American acquisition that enables the newly-named Mittal Steel Company straddle four continents and 14 countries.
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Mittal Steel, the biggest steel producer in the world, announced that it had acquired at least 50 percent of Arcelor shares, the minimum amount Mittal has set for the takeover to go ahead.
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British billionaire Lakshmi Mittal will be chairman and chief executive of Mittal Steel, which will be the world&#39;s largest steel maker, producing 57 million tonnes of crude steel a year.
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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 steel company in the world.
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By Christopher Hope, Business Correspondent (Filed: 26/10/2004). Lakshmi Mittal, Britain&#39;s fifth-richest man and a prominent Labour donor, is now the boss of the world&#39;s biggest steel company, after a $21billion
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Billionaire from the UK Lakshmi Mittal on Monday purchased International Steel Group from Wilbur Ross, thus creating the worldâs biggest steel company.
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Indian-born billionaire Lakshmi Mittal, who made a fortune buying mills from Algeria to Mexico, agreed to acquire Wilbur Ross&#39;s International Steel Group Inc.
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Close on the heels of acquiring 37 per cent share in a leading Chinese steel firm, Mittal Steel Company headed by NRI steel tycoon Lakshmi Mittal plans to acquire three more steel plants in Eastern Europe and ...
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A Dutch steelmaker led by billionaire Lakshmi Mittal is buying U.S.-based International Steel Group Inc. for about $4.5 billion in cash and stock in a deal that would make it one of the largest steel companies in the world.
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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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India's biggest private steel firm Tata Steel has confirmed it was mulling a possible takeover of Anglo-Dutch steel giant Corus Group.
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Ispat International will buy LNM Holdings and International Steel Group Inc., forming the worldâs largest steel firm in a deal worth a total of $17.
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Ispat Iscor on Monday said it was delighted with the formation of the new Mittal Steel company, which moved it from the world&#39;s number two steel group to the world&#39;s biggest steel company.
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International Steel Group Inc. saved the jobs of thousands of US steelworkers when it was formed two years ago. Analysts say its sale last week to a Dutch steelmaker