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ARCELOR MITTAL BID
SBI-led banks seek bids for Essar Group promoter guaranteesThe reserve price for the bids, with a June 17 deadline, is Rs 200 crore, showed a document on the website of the process advisor, BoB Capi...- Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
- Rajasthan Royals' $1.63 billion buyout delayed on funding, legal hurdlesThe proposed $1.63 billion buyout of IPL franchise Rajasthan Royals has been delayed due to funding challenges, regulatory concerns and com...
- ArcelorMittal weighs possible bid for US SteelArcelorMittal is said to be considering a bid on US Steel, marking a reversal of its retreat from the US market as it looked to focus on ma...
- Essar Steel shareholder seeks rejection of ArcelorMittal bid for firmThe plea by Essar Steel Asia Holdings Ltd (ESAHL) comes weeks after an insolvency court cleared ArcelorMittal's bid for Essar Steel
- ArcelorMittal to make $1 bln creditor payment to bid for Essar SteelEssar Steel's committee of creditors now has an eight-week period to evaluate bids.
- Numetal, ArcelorMittal fight in Supreme Court over Essar Steel bidArcelorMittal exited the companies shortly before bidding for Essar Steel to become eligible under the law, Rohatgi told a two-judge bench ...
- Second round bids for Essar Steel to be opened on MondayIn the first round, ArcelorMittal had offered Rs 30,000 crore and Numetal Rs 18,000 crore.
- ArcelorMittal to NCLAT; The company was eligible to bid for Essar SteelArguing before the National Company Law Appellate Tribunal (NCLAT) on behalf of ArcelorMittal, senior advocate Harish Salve submitted that ...
- ArcelorMittal gets European Commission nod to acquire Italy's IlvaIn November last, European Union's anti-trust authorities had opened an investigation into ArcelorMittal's bid to buy Ilva.
- ArcelorMittal says may pay off dues of Uttam Galva as a 'goodwill gesture'The Committee of Creditors (CoC) had yesterday met representatives of ArcelorMittal and Numetal which are in the race to acquire the stress...
- ‘Arcelor’s stake sale in Uttam Galva violates their bank undertaking’Shareholders alleged that ArcelorMittal transferred shares without seeking permission of lenders.
- NCLT defers hearing in ArcelorMittal, Numetal plea over Essar Steel bid rejectionBoth ArcelorMittal and Numetal have moved the NCLT challenging the rejection of their bids for Essar Steel.
- ArcelorMittal mulling Alpha Natural counter bidArcelorMittal, the world's top steel maker, is mulling breaking up a takeover bid from Cleveland-Cliffs Inc for U.S. coal miner Alpha Natur...
- Mittal owns nearly 92% of ArcelorMittal launched a hostile bid for Arcelor in May after almost five months of intense and bitter manoeuvering.
- Mittal’s a perfect fit in the steel frameLN Mittal has clearly shown that he shares the characteristics of the metal he loves best, in the manner in which he waged the five-month l...
- Severstal gives new twist to Arcelor-Mittal dealIn a new twist to the battle for Arcelor for whose takeover India-born steel tycoon L N Mittal reached a deal on Sunday, Russian steel gian...
- Mittal sees no chance for Severstal at Jun 30 AGM"Severstal can only extend a total bid for the company and not a partial bid... Arcelor Board has found our bid suitable and I am confident...
- Is the scale tilting towards Mittal?Severstal CEO Alexei Mordashov said he did not want to acquire more than a 32% stake in Arcelor.
- Arcelor shareholders may favour MittalThe issue at the moment is will Lakshmi Mittal's euro 25.8-bn takeover bid get stakeholders' support or not?
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