Mittal Ordered to Sell Maryland Mill
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The Justice Department has ordered Mittal Steel to sell a mill in Maryland rather than one in West Virginia to settle antitrust issues raised by its merger with Arcelor SA.
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A $44 million bid from Philadelphia private equity firm Chrysalis Capital Partners has emerged as the likely winning offer for Malden Mills Industries , according to a spokesman for the bankrupt Lawrence textile maker. Managers filed for Chapter 11 protection as part of a planned sale of the maker of Polartec fleece to Boston investor Gordon Brothers Group. ...
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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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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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By Allison Connolly, The Baltimore Sun  Feb. 27--Three Millennium Chemicals properties here are being sold again, this time to a foreign owner. In all, more than 400 workers in the Baltimore area would be affected.   Lyondell Chemical Co.
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Rouse Co., the Baltimore-based real estate investment trust that owns the Mall St. Matthews, is being sold to Chicago-based General Growth Properties Inc. for $7.2 billion, according to a report in the Baltimore Business Journal.
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By Keith Lawrence, Messenger-Inquirer, Owensboro, Ky.  Sep. 13--Fifteen years ago, when Alumax closed its Hancock County mill, Lila Chan, a Chinese businesswoman, tried to buy it.   But Alcoa beat her to it, reopening the plant in 1995.
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Firm is in hot seat for selling subprime securities to a Massachusetts city.
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COLLEGE PARK, Md. -- Mall operator Simon Property Group Inc. and hedge fund Farallon Capital Management said Friday they will buy the struggling mall developer The Mills Corp. for $1.64 billion after outbidding rival Brookfield Asset Management Inc.
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Simon Property Group Inc.  and hedge fund Farallon Capital Management made a $1.56 billion offer for mall owner Mills Corp. , which last month agreed to be bought by Brookfield Asset Management Inc. , the Wall Street Journal reported on Monday.
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A historic name in mutual funds will soon vanish from Boston's investing scene, with BlackRock Inc.'s agreement yesterday to acquire State Street Research &amp; Management Co., an 80-year-old money manager with Brahmin roots, for $375 million.
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American Skiing Co. said yesterday that it has agreed to sell Maine resorts Sunday River and Sugarloaf/USA to a Michigan company for $77 million, passing on a competing bid from its former chief executive, Les Otten .
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Daily purses of $500,000 at new track Presque Isle Downs in Erie, Pa., are a sure bet to increase the pressure on Maryland racing.
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The Russian government will sell its stake in the nation's largest steel mill, Magnitogorsk Iron &amp; Steel Works, at an open auction next month, the Russian Federal Property Fund said Friday.
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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.
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Dutch bank and insurer ING Group said Monday it will sell the activities of Baring Asset Management, nearly a decade after it purchased the remains of the bankrupt British bank Barings.
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Governor Mitt Romney today is expected to unveil a partnership with Citizens Financial Group to create jobs in the state, following last week's deal to sell Boston's Gillette Co. and intense criticism by Democratic leaders over job losses.