Arcelor, Mittal close to deal
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Mittal Steel has sweetened its proposal for a partnership with European group Arcelor and the two companies are now on the point of striking an agreement.
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Daimler AG  is very close to announcing a joint venture with an Indian partner to produce commercial trucks for the Indian market, a senior Daimler executive said on Friday.
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Arcelor Mittal, the world's biggest steel group, has secured a new credit line of 17 billion euros (22.6 billion dollars) with a syndicate of 26 banks.
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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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French government agency CDR is "close to an agreement" with plaintiffs in a civil case in California related to failed insurer Executive Life, a source close to the matter said on Tuesday.
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The world&#039;s biggest  steelmaker Mittal  faced further pressure to raise its  23-billion-euro (&#36;29-billion) bid for rival Arcelor   after Russian suitor Severstal  improved its friendly  merger offer.
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India's Tata Steel is widely expected to raise its offer for steelmaker Corus ahead of a takeover deadline.
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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 MT.N, seeking to win back   eroding investor support for its bid for Arcelor CELR.PA,   raised its offer by a third and dropped a key demand for family   control over the combined global steel giant.
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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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Siemens AG confirmed Friday, Nov. 12, it is close to clinching a deal with InterRos Holding Co.
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Tishman Speyer Properties and Lehman Brothers Holdings Inc.  are close to a deal to acquire real estate investment trust Archstone-Smith Trust , according to the online edition of The Wall Street Journal.
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Mittal Steel , seeking to win back  eroding investor support for its bid for Arcelor ,  raised its offer by a third and dropped a key demand for family  control over the combined global steel giant.
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The telecommunications company is said to be in negotiations, in what may be the latest round of deal making in its industry.
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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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A bitter five-month standoff over the future of European steel group Arcelor wound down when Arcelor directors accepted a sweetened partnership deal with Mittal Steel to create a global steel behemoth.
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Retail giant Wal-Mart Stores  and India's Bharti Enterprises are very close to finalizing a deal for a retail joint venture, Bharti's chief said on Friday.