Arcelor sa agreed to be acquired by larger rival mittal steel co for &euro2705 billion ($3384 billion) in cash and stock, ending five months of.
Merger of mittal stell and arcelor steel analysis in this annual report, arcelormittal has made, and will continue to make 'plans ', 'believes', or 'estimates',. Arcelor's dubious defence against mittal steel's hostile bid the industrial logic of a merger of two companies that complement each other in.
The globe's largest steel company, arcelor mittal (previously known as mittal steel) finally emerged victorious in its bid to acquire. Mittal steel and arcelor of luxembourg have agreed a €269bn ($336bn) merger to create a steel group analysis mergers & acquisitions.