Severstal gets positioned to counter Mittal: source
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Russian steelmaker Severstal was on  Saturday jostling to thwart any potential raised Mittal Steel  offer for rival steelmaker Arcelor as the battle for Arcelor  nears its climax, said a source familiar with the matter.
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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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Russian steel maker Severstal (CHMFq.L)  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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Ispat International N.V. (Rotterdam, The Netherlands) agreed to acquire LNM Holdings N.V. Following completion of this transaction, the company will be renamed Mittal Steel Company N.V. Simultaneously, Ispat ...
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Mittal Steel  , which is  taking over rival steelmaker Arcelor , said on Tuesday  it might not have to buy out minority shareholdings in  Arcelor&#039;s two Brazilian subsidiaries, Acesita S.A. and Arcelor  Brasil S.A., as previously expected.
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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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A joint venture between a subsidiary of Russian steel giant OAO Severstal and Wheeling-Pittsburgh Steel Corp. will create new opportunities for Wheeling-Pitt, company spokesman Jim Kosowski said Tuesday.
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Mittal Steel , the  world&#039;s No. 1 steel firm, said on Friday it was negotiating  with an Indian state to set up a 12-million tonne steel plant  at the cost of at least 300 billion rupees (&#36;6.5 billion).
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WERNER SEIFERT, chief executive of Deutsche BÃ¶rse in Frankfurt, will this week attempt to regain control of his putative Â£1.35 billion cash bid for the London Stock Exchange and offer a series of big concessions to win the backing of the board.
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PARIS/LONDON: Euronext has made an approach to the London Stock Exchange (LSE), marking the first salvo in a possible bidding war between Paris and Frankfurt for control of Europeâs largest equity market.
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Whatever the outcome of Microsoftâs bid for Yahoo, the move and Googleâs countermoves mark  an escalation in the confrontation between the two companies.
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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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Russian steelmaker Severstal intends to sell shares in London and plans internal reforms ahead of any listing.
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Steel tycoon Lakshmi Mittal announced plans Monday to take over US steelmaker International Steel Group as part of a three-way merger to create a global metals mammoth.
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This contract manufacturer is flexing its muscles.
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Steel group Arcelor has to  convince investors why it made a 13 billion-euro (&#36;16.59  billion) deal with Russia&#039;s Severstal instead of talking to  suitor Mittal Steel, analysts and shareholders said on Monday.
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A group of Arcelor   shareholders is urging the steel group to alter its 13  billion-euro (&#36;16.6 billion) planned purchase of Russia&#039;s  Severstal and let shareholders accept it or reject it in a  vote.