Ispat in $4.5bn deal to form biggest steel firm
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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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New Delhi, Nov. 28: Billionaire Lakshmi Mittal, fresh from the record-breaking deal that turned him into the world's biggest steelmaker, is scouting in Poland, the Czech Republic and Turkey as he hits the ...
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Lakshmi Mittal, boss of Mittal Steel, the world's largest steel producer, is to get a dividend of Â£140m.
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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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Arcelor CELR.PA said on Friday it   has agreed to buy Russia's Severstal CHMF.RTS to create the   world's biggest steelmaker, in a move that threatens to block   Mittal Steel's ISPA.AS bid for the European group.
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Mittal Steel said it had signed a deal to take a 37 percent stake in one of China's leading steelmakers, giving the group its first production platform in the world's fastest growing steel market.
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Ispat International N.V. (Rotterdam, The Netherlands) agreed to acquire LNM Holdings N.V. Following completion of this transaction, the company will be renamed Mittal Steel Company N.V. Simultaneously, Ispat ...
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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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India's Tata Iron and Steel Company Ltd. took a strategic step to expand its Asian footprint with the announcement it will buy the Asia-Pacific steel operations of Singapore's NatSteel Ltd.
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Mittal Steel   said on  Monday that it owned 93.7 percent of the share capital of  Arcelor , as it moved toward creating the world's  biggest steel maker.
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A privately-owned Dutch steelmaker headed by billionaire Lakshmi Mittal is buying US-based International Steel Group Inc. for about $4.
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Tata Group's new status as the world's fifth-largest steel firm signals a milestone for the Indian economy.
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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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Chaparral Steel has accepted a $4.22 billion takeover offer from Gerdau Ameristeel in the latest consolidation move in the steel industry.
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Tata Steel of India appears set to become the world's fifth-largest steel producer after beating its Brazilian rival CSN in an auction to take over Anglo-Dutch steelmaker Corus with a 13.7 billion-dollar bid.
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Tata Steel of India appears set to become the world's fifth-largest steel producer after beating its Brazilian rival CSN in an auction to take over Anglo-Dutch steelmaker Corus with a 13.7-billion-dollar bid.
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Tycoon Lakshmi N. Mittalâs $4.5 billion purchase of International Steel Group will create a colossal powerhouse in the world steel industry with the capabilities of producing 70 million tons of steel annually.