Steel giant seeks London listing
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Russian steelmaker Severstal intends to sell shares in London and plans internal reforms ahead of any listing.
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Britain's largest steel trade union has demanded a meeting with Indian tycoon Ratan Tata, seeking assurances he will remain committed to expanding Corus Group Plc after his winning 13.7 billion dollar bid for the Anglo-Dutch steelmaker.
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BusinessWeek Online - It sounds like a tale of woe for Europe's investment banks. One of the biggest takeover attempts in British retail history -- retail tycoon Philip Green's &#36;17 billion bid for iconic Marks &amp; Spencer Group PLC -- came to naught. A much-anticipated boom in initial public offerings has fizzled. And after a drought that started in 2001, merger-and-acquisition activity remains in a funk. But bankers in Europe's financial capital, the City of London, and its auxiliary, Canary Wharf, aren't crying in their pints. ...
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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 &#36;17.8 billion to form the world's largest steel company.
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Lazard, the world&#39;s largest independent investment bank, has appointed Goldman Sachs to advise on a possible Â£1.7bn initial public offering, or potential spin-off of its asset management or UK broking arms, it has been reported.
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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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A once-ailing heavy industry is now in heavy demand. The next step? Global consolidation. For the last decade, much of the West&#39;s steel industry has been in the doldrums.
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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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Steel Partners submits a proposal to buy-up more of Japanese brewer Sapporo.
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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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NYSE Euronext  and Australia's ASX Ltd  may be interested in buying some or part of Nasdaq Stock Market Inc's  stake in London Stock Exchange Plc , a person familiar with the matter said on Monday.
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Steel juggernaut debuts on the NYSE.
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India's biggest private steel firm Tata Steel is in talks to acquire Anglo-Dutch steel giant Corus Group in a deal anticipated to be worth more than 10 billion dollars, newspaper reports said.
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Mittal Steel , ordered by the U.S. Justice Department to sell a plant in Maryland, is expected to draw bids for the facility from big companies in China, Russia and India, the Wall Street Journal reported on Wednesday.
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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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United States Steel will buy the Canadian steel producer Stelco for $1.1 billion, a purchase making it the worldâs fifth-largest steel maker.
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AMSTERDAM: Lakshmi Mittal, one of the UK&#39;s wealthiest men, will merge his steel assets and buy International Steel Group in a deal worth $17.