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ArcelorMittal <MT.AS> said on Wednesday it had signed a deal that would see a significant injection of Italian state funding into the Ilva steelworks and would suspend a bid to walk away from the ...
ArcelorMittal was formed in 2007 from the $33 billion acquisition of Arcelor by Mittal Steel Company. [1] [5] The merger was consummated after Mittal Steel Company raised its bid for Arcelor and the Mittal family agreed to relinquish its controlling stake in the company and execute a standstill agreement not to acquire a controlling interest without approval from independent directors.
ALMATY (Reuters) -At least 28 people have died and 18 remain missing after a mine fire in Kazakhstan, the Ministry for Emergency Situations said on Saturday. Operator ArcelorMittal Temirtau, the ...
ArcelorMittal South Africa is part of the steel company Arcelor-Mittal. [1] [2] The company was originally Iscor Ltd., a South African parastatal steel company. It was founded in 1928 and was first listed on the JSE Securities Exchange in 1989. In January 2025 it announced that it would be shutting down steel operations in Newcastle and ...
On 26 May 2006 Arcelor announced its intention to merge with Severstal. There were questions about the intentions of Arcelor in announcing its merger with Severstal due to a perceived opacity in the transaction. But on 25 June 2006, the Arcelor board decided to go ahead with the merger with Mittal Steel. Arcelor compensated Severstal €140 ...
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Print/export Download as PDF; Printable version; In other projects ... Pages in category "ArcelorMittal" The following 42 pages are in this category, out of 42 total.
When the latter took over Arcelor in 2006 to form ArcelorMittal, the plant took on the name ArcelorMittal Galați. [3] The number of employees fell from 27,600 in 2001 to 8,700 in 2011, mainly through voluntary retirements coupled with significant bonuses.