ArcelorMittal gets U.S. OK for Sparrows Point sale
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ArcelorMittal , the world&#39;s  largest steelmaker, said on Thursday it had received clearance  from U.S. competition authorities to sell its Sparrows Point  plant for an enterprise value of $1.35 billion.
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European steel maker Arcelor   accepted an improved takeover bid from Mittal Steel   to create a steel giant three times larger than any  rival, sources familiar with the matter said on Sunday.
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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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United States Steel Corp. is buying the Canadian steel maker Stelco Inc. for about $1.1 billion in a move expected to bolster its position as a supplier to the North American automotive industry.
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NBC Universal said on Tuesday it has agreed to buy Sparrowhawk Media, which owns the international operations of the Hallmark Channel, confirming an earlier Reuters report.
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A privately owned Dutch company is buying International Steel Group -- the operator of the Sparrows Point plant near Baltimore.
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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.
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Bayer AG has agreed to sell its plasma products business to US investors Cerberus Capital Management and Ampersand Ventures for US$590 million (euro445 million) in cash and stock, the German drug and chemical company said Monday.
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Courts in the Netherlands and France refused to grant injunctions seeking to block the Mittal Steel Companyâs proposed $41 billion acquisition of a rival steel maker, Arcelor. Legal actions in Rotterdam, the Netherlands, by three hedge funds and in Paris by an activist shareholder were rejected by judges, removing obstacles to the creation of what would be the worldâs largest steel maker, measured by sales. The steel companies already call themselves ArcelorMittal.
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Russian steel maker Severstal  is in negotiations to buy Weirton Steel Corp. of the United States from Mittal Steel  , Russian paper Kommersant reported on Friday, without naming its source.
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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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A US Bankruptcy Court judge yesterday approved the sale of Boston's oldest jeweler, Shreve, Crump &amp; Low, to Chestnut Hill jeweler David &amp; Co.
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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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The world's largest steelmaker, ArcelorMittal, will slightly cut European production in the third quarter and keep prices steady to help contain a market bloated with Chinese imports, the company said Friday.
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1: Citypoint, &pound;520m: Tishman Speyer, the US property company, joined Schroders to buy the 36-storey tower in January at a yield of 5.8 per cent. The building at 1 Ropemaker St is let to Macquarie, Simmons &amp; Simmons, Regus, Whitbread and others.
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Steel giant Arcelor SA posted better-than-expected third quarter profits of euro629 million ($815 million) Monday, a six-fold jump over a year ago, but warned the boom may lose steam in 2005.
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Stock in AK Steel Corp. and other publicly traded US steel companies posted large gains Monday on news of a three-way merger that&#39;ll create the world&#39;s largest steelmaker.