Arcelor pushes against China's bar on big steelmaker stakes
Article Abstract:
Steelmaker Arcelor Mittal will spend approximately $1.7 bil to increase its stake in China Oriental Group Co. If the deal is approved by China's regulators, Arcelor Mittal will become the second-biggest shareholder in the firm. The proposal includes sharing acquisition and merger expertise and technology.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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India's economic gains drive overseas expansion: financial growth and incrasing clout fuel firms like Essar
Article Abstract:
Indian firm Essar Global Ltd. has announced plans to purchase Canada's Algoma Steel Inc. for $1.58 bil, giving the steel, oil, and shipping conglomerate entry into the North American steel market.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Mittal to invest $8.7 billion in one or two plants in India
Article Abstract:
Mittal Steel Co. plans to invest in one or two steel plants in eastern India, according to CEO Lakshmi Mittal.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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