Dutch Steelmaker Buying ISG in &#36;4.5B Deal
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Steel tycoon Lakshmi N. Mittal announced plans to pay &#36;4.5 billion in cash and stock for U.S. steelmaker International Steel Group Inc., which had been cobbled together by onetime investment banker Wilbur L. Ross Jr. from mills whose parents landed in bankrupcty court.
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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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In the latest in a string of steel company acquisitions, Gerdau Ameristeel will pay $86 a share for Chaparral Steel
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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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Privately owned Dutch steelmaker LNM Group said Monday it plans to merge its two main divisions, Ispat International and LNM Holdings, and then take over U.S.-based International Steel Group (ISG) in a deal ...
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Gerdau Ameristeel Corp.   said on Tuesday it has agreed to acquire Chaparral Steel Co.  for $4.22 billion in cash, in a move to diversify its product offering into high value added steel products.
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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.
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The REIT bought a 4.3% stake worth &#36;330 million in the retailer, which has significant real estate holdings.
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Lakshmi Mittal&#39;s $4.5 billion acquisition of International Steel Group Inc. may prompt a spree of deals as the steel industry consolidates to cut costs.
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Financial services holding company Legg Mason Inc. agreed to buy four private investment counsel offices from Deutsche Bank AG representing $5.
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Oil giant BP says it is buying the Dutch manufacturing business of its US-based rival, Chevron, for $900m.
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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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BRUSSELS/SAO PAULO  - Shareholders gave their  blessing on Friday for Belgium's Interbrew INTB.BR to buy  Brazil's AmBev AMBV4.SA in a $9.7 billion deal that  will create the world's largest brewer.
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America's biggest steel maker, International Steel Group Inc., agreed to a $4.5 billion buyout bid from a Dutch concern in a multipart transaction that will create the world's largest steel company.
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The German trade union IG Metall and steel companies agreed late Tuesday to a 5.2 percent pay raise for steel workers, IG Metall said.
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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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Kohlberg, Kravis, Roberts &amp; Co., the world&#39;s biggest buyout firm, agreed to buy Canadian building- products maker Masonite International Corp.