- ArcelorMittal extends deadline for Baffinland deal
ArcelorMittal has sought to boost self-sufficiency in iron ore in order to lessen its dependence on the three main producers, BHP Billiton,...
- ArcelorMittal increases offer for Canada's Baffinland
The increased cash offer of 1.40 Canadian dollars per share raises it valuation of Baffinland to 550 million US dollars (415 million euros).
- ArcelorMittal gets regulatory nod to acquire Canadian firm
Global steel giant ArcelorMittal today said it has received regulatory approvals for acquiring Canada's Baffinland Iron Mines Corporation i...
- ArcelorMittal, Baffinland send offer to shareholders
ArcelorMittal and Baffinland Iron Mines Corporation on Sunday said they have sent a detailed version of the USD 431 million takeover bid by...
- ArcelorMittal offers $431 million for Baffinland
ArcelorMittal South Africa, a unit of the world’s largest steelmaker, agreed to pay about $431 million for Baffinland Iron Mines Corp to se...
- Subprime panic freezes $40-b Canadian CP
Baffinland ran short of funds to pay for food, fuel and drilling equipment after investing in commercial paper (CP) that borrowers couldn't...