Mittal Family in &#36;17.8 Bln Steel Deal
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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 &#36;17.8 billion to form the world's largest steel company.
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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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European steel maker Arcelor   has agreed to a 100 percent takeover bid made by  world sector leader Mittal Steel , creating a global  steel giant that will dwarf its rivals, its chairman said on  Sunday.
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The &quot;bigger is better&quot; mind-set dominating the steel industry reached new heights yesterday when billionaire baron Lakshmi Mittal said he&#39;ll create the world&#39;s largest
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Lakshmi Mittal, boss of Mittal Steel, the world's largest steel producer, is to get a dividend of Â£140m.
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Mittal Steel, currently the world&#039;s number one steel maker, is prepared to take a minority stake in European rival Arcelor which wants to merge with Russian giant Severstal, Mittal&#039;s European chief Roeland Baan said in a newspaper interview.
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PHILADELPHIA _ International Steel Group Inc., which includes the remains of the bankrupt Bethlehem Steel Corp., is being acquired by a Dutch steel company for $4.
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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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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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LONDON/MUMBAI  - India's Tata Steel  is set to become the world's fifth-biggest steel maker after winning a dramatic bid battle for Anglo-Dutch group Corus   with a 6.2 billion pound ($12.2 billion) offer.
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Steel giants Arcelor and Mittal Steel, which are to combine to create by far the biggest world steel group, said their joint net profit was 1.310 billion euros in the second quarter.
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NEW YORK (CBS.MW) -- International Steel Group (ISG) said it will be acquired by Ispat International (IST) in a deal valued at $4.
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Mittal Steel unveils a 7% rise in second quarter profits, while those of newly acquired rival Arcelor dip 35%.
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Steel magnate Lakshmi Mittal on Monday agreed to buy International Steel Group Inc. (ISG.N: Quote, Profile, Research) for $4.5 billion and
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LONDON/MUMBAI  - India's Tata Steel  is set to become the world's fifth-biggest steelmaker after winning a battle for Anglo-Dutch steelmaker Corus Group  with a 6.2 billion pounds ($12 billion) offer.
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Mittal Steel , the world&#039;s  No. 1 steel firm, said on Friday it was re-evaluating its plans  to set up a steel plant in the mineral-rich eastern Indian  state of Jharkhand.
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Ispat International will buy LNM Holdings and International Steel Group Inc., forming the worldâs largest steel firm in a deal worth a total of $17.