Ispat in $4.5bn deal to form biggest steel firm
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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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(10/25/04) Cleveland-based ISG Steel is about to change hands. The company is being purchased by a privately owned Dutch steelmaker.
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By Christopher Hope, Business Correspondent (Filed: 26/10/2004). Lakshmi Mittal, Britain&#39;s fifth-richest man and a prominent Labour donor, is now the boss of the world&#39;s biggest steel company, after a $21billion
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Privately-owned Dutch steelmaker LNM Group said Monday it plans to merge its two main divisions, Ispat International NV and LNM Holdings NV, and then take over U.S.-based International Steel Group Inc.
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LONDON: Head of the world&#39;s largest steel company Lakshmi Mittal is keen to have his firm&#39;s presence in India and China as his ultimate objective is to supply to global customers.
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Billionaire from the UK Lakshmi Mittal on Monday purchased International Steel Group from Wilbur Ross, thus creating the worldâs biggest steel company.
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Privately-owned Dutch steelmaker LNM Group said Monday it plans to merge its two main divisions, Ispat International NV and LNM Holdings NV, and then take over U.S.-based International Steel Group Inc. in a deal that would make it one of the largest steel companies in the world.
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London: NRI business tycoon Lakshmi N. Mittal-owned Ispat International on Monday emerged as world&#39;s largest steelmaker as it announced its merger with The Netherlands-based LNM Holdings and US International Steel Group to form Mittal Steel Corporation.
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Nippon Steel, Japanâs leading steelmaker, has agreed to pay a record price of more than $120 per tonne for coking coal from next spring to Australiaâs BHP Billiton Mitsubishi
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The world's largest steel firm, Arcelor Mittal, moves closer to increasing its stake in China Oriental.
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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 $17.8 billion to  form the world's largest steel company.
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Privately-owned Dutch steelmaker LNM Group said Monday it plans to merge its two main divisions, Ispat International NV and LNM Holdings NV, and then take over US-based International Steel Group, which would make it the largest steel company in the world.
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Leading world steel group Areclor Mittal has said it had agreed to a revision of an agreement giving it access to big resourcse of iron ore in Liberia, notably by increasing its investment.
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LNM Group, the steel giant headed by Indian tycoon Lakshmi Mittal, snaps up a Bosnian steelmaker in a $280m deal.
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WEIRTON, WV -- The news came down early Monday morning: ISPAT International Group and LNM Holdings merged into a giant steel company called Mittal Steel Company.
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The $17.8 billion, three-way deal that Lakshmi N. Mittal, a financier based in London, announced this week would put him at the head of the largest steel company in the world.
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International mining company BHP Billiton has ratified its largest ever contract to supply iron ore to China. Under a joint venture deal, signed Tuesday in Western Australia, four Chinese steel mills are taking