Mittal Steel may not buy out Arcelor Brazil units
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Mittal Steel  , which is  taking over rival steelmaker Arcelor , said on Tuesday  it might not have to buy out minority shareholdings in  Arcelor&#039;s two Brazilian subsidiaries, Acesita S.A. and Arcelor  Brasil S.A., as previously expected.
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Mittal Steel Co NV   said  on Wednesday it was announcing the final approval and timetable  of its agreed tender offer for rival steelmaker Arcelor  .
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Illinois Tool Works Inc. said it won&#39;t proceed with its bid for UK-based Linx Printing Technologies Plc after Danaher Corp. said it may offer 15 percent more for the company.
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Steel tycoon Lakshmi N. Mittal announced plans to pay $4.5 billion in cash and stock for U.S. steelmaker International Steel Group Inc., which had been cobbled together by onetime investment banker Wilbur L. ...
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But that might not be a good thing for steel investors.
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Shareholders in steelmaker Arcelor   were meeting on Friday to vote on a possible merger  deal with Russia&#039;s Severstal , with a rejection  required to clear the way for an agreed &#36;32 billion takeover by  Mittal Steel .
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NEW YORK/FRANKFURT  - ArcelorMittal   has ended a $1.35 billion deal to sell its Sparrows Point steel plant to E2 Acquisition Corp because E2 had been unable to secure financing, the world's largest steelmaker said on Monday.
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The blockbuster tie-up linking Arcelor and Mittal Steel claimed a first victim with an announcement that Arcelor chief executive Guy Dolle, who had fought doggedly against the partnership, would be replaced.
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German retail group Arcandor, formerly known as KarstadtQuelle, said Tuesday that it expected to be able to meet its earnings targets this year, denying market rumours of an imminent profit warning.
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The world's largest steel company, Arcelor Mittal, reports an annual profit of $10.36bn for 2007.
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India's Tata Steel would not comment on whether it was staying in the race for Corus Group after investors allied to Brazilian steelmaker CSN were reported to have scaled up their combined stake in the Anglo-Dutch company to more than 15 percent.
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European steelmaker Arcelor said it would buy Russian company Severstal in a 12-billion-euro (15.3-billion-dollar) deal that according to analysts could thwart a hostile raid by Mittal Steel.
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European steelmaker Arcelor said it would buy Russian company Severstal in a 12-billion-euro (15.3-billion-dollar) deal aimed at thwarting a hostile raid by Mittal Steel.
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US investment fund Steel Partners II on Thursday offered to buy 90 percent of Gencorp Inc. (GY.N: Quote, Profile, Research) it does not already own for about $700 million
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Lakshmi Mittal&#39;s $4.5 billion acquisition of International Steel Group Inc. may prompt a spree of deals as the steel industry consolidates to cut costs.
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Federal-Mogul Corp., the bankrupt US engineering company, may sell its UK-based Turner &amp; Newall Plc after the UK division&#39;s independent pension trustee rejected a $130 million cash offer
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Arcelor  said on Friday it  has agreed to buy Russia&#039;s Severstal  to create the  world&#039;s biggest steelmaker, in a move that threatens to block  Mittal Steel&#039;s  bid for the European group.