Monday, June 18, 2007

Buy-out row spoils Arcelor Mittal merger birthday

(Reuters) - Arcelor Mittal says it plans to use the investor day to
inform individual European shareholders about the successful
integration of Mittal Steel and Luxembourg-based Arcelor after
the latter agreed to be bought in June 2006.




However, that merger has not been finalised as minority
shareholders in Arcelor, representing 6 percent of the company,
remain vehemently opposed to the terms of a buy-out.


Read more at Reuters.com Mergers News

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