E.U. Evaluates Mittal Steel’s Takeover Bid
In an attempt to thwart Mittal's bid, Arcelor recently purchased Canadian steel company Dofasco Inc. and quickly transferred control of the company to Dutch foundation Strategic Steel Stichting.
The move, made under the assumption that Strategic Steel would not sell Dofasco for several years, was meant to bog Mittal down in antitrust issues. If...
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