UPDATE 2-Russia&#39;s Severstal makes offer for Canada&#39;s Stelco
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Russia&#39;s OAO Severstal (CHMF.RTS: Quote, Profile, Research) made a bid for Stelco Inc. (STEa.TO: Quote, Profile, Research) on Tuesday, promising to take on the debts
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With its doorstep getting crowded with hopeful suitors, restructuring steel giant Stelco Inc. is keeping its options open despite the appeal of a $900-million financing package from Germany&#39;s Deutsche Bank.
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Stelco Inc. (STEa.TO: Quote, Profile, Research) said on Wednesday it had forged a new bailout plan with Deutsche Bank AG (DBKGn.DE: Quote, Profile, Research) that does not
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Cognos Inc., the largest Canadian software maker, offered to buy Sweden&#39;s Frango AB for 390.8 million kronor ($51.7 million) to expand in corporate performance management software.
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A GERMAN BANK&#39;S $900-million offer to refinance Stelco Inc. was approved yesterday as the benchmark bid for the restructuring Hamilton steelmaker by a judge, who challenged others to step up and prove
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TORONTO--(BUSINESS WIRE)--Oct 27, 2004--Nortel Networks Corporation (NYSE:NT)(TSX:NT) et sa principale filiale opÃ©rationnelle Nortel Networks Limited (âNNL&#39;) ont fait le point ce jour Ã  la suite de l&#39;Ã©mission de directives de communication
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Alcan Inc. has agreed to sell its ferroalloy business to Spain&#39;s Ferroatlantica SL for more than 100 million euros ($136.3 million or C$164.2 Canadian), the world&#39;s second biggest aluminum producer said on Thursday.
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Stelco Inc (STEa.TO: Quote, Profile, Research) said it will not reach a new labor agreement with the union at its Lake Erie Works by midnight on Thursday, meaning Canada&#39;s No.
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CALGARY - EnCana Corp. is selling its North Sea operations for $2.1 billion US in cash to another Canadian company, Nexen Inc. The UK subsidiary of EnCana has a stake in three oilfields, plus interests in
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European steelmaker Arcelor said it would buy Russian company Severstal in a 12-billion-euro (15.3-billion-dollar) deal that according to analysts could thwart a hostile raid by Mittal Steel.
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TORONTO/NEW YORK  - U.S. Steel Corp  agreed to acquire Stelco Inc  for $1.1 billion, bagging the last big Canadian-owned steelmaker and strengthening its position in flat-rolled steel products in North America.
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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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Business & money: Â· EC concern at company's grip on supply linesÂ· Russian state monopoly may be forced to divest
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Stelco Inc. has received a takeover offer from Russian industry giant OAO Severstal at a time when Bay Street is awash in rumours about possible financing deals for the restructuring Hamilton steel maker.
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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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TORONTO - Lawyers for Stelco and the companies involved in the restructuring of the steelmaker were due back in a Toronto court on Thursday for a hearing to approve Deutsche Bank&#39;s $900-million refinancing offer as a benchmark bid.
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Stelco Inc. (STEa.TO: Quote, Profile, Research) has lost a contract to supply steel to General Motors Inc. (GM.N: Quote, Profile, Research) , its biggest customer