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ITALIAN STEELMAKER
Jindal Steel said to raise bid for Italian steelmaker to €4 billionJindal Steel has increased its offer for Italy's troubled steelmaker to approximately €4 billion. This includes a €1 billion payment for as...- Naveen Jindal offers $1-billion revival plan for ADI’s Italian JobNaveen Jindal has offered over $1 billion to acquire and revive the troubled Italian steelmaker Acciaierie d’Italia. Competing against othe...
- ArcelorMittal exits pandemic with shift to younger generationAditya Mittal, who previously worked in Credit Suisse Group AG’s investment bank, played a key role in driving the acquisition of Arcelor i...
- JSW Steel to integrate Aferpi mill with Indian facilitiesJSW Steel would integrate the recently acquired Aferpi mill with its Indian facilities, including the newly purchased Monnet Ispat and Ener...
- ArcelorMittal to sell four European plants to Liberty House to acquire IlvaThe four facilities will together add 8 MT rolling capacity to Liberty House and take it to 15 MT a year apart from adding 12,500 people to...
- Italian steelmaker Ilva gives approval to the company's acquisition by ArcelorMittalArcelorMittal committed to shedding certain European assets in Italy, Romania, Macedonia and the Czech Republic to get approval from the Eu...
- LN Mittal, Sajjan Jindal have made a mark in Europe; now Chandra's positioned Tatas for a lead roleTatas are the latest to leave their imprint in the continent where LN Mittal, Sajjan Jindal, and Sanjeev Gupta have previously shopped for ...
- JSW Steel buys 83% in US-based Acero JunctionThis has been the company's second major move in the US market.
- JSW buys Italy’s AferpiCompany signs deal with Cevital to acquire Italy’s second-largest steel co for Rs 441crore
- 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 tells Ilva it wants to change buying contractArcelorMittal, the world's top steelmaker, reached a 1.8-billion-euro deal to buy Ilva in June but the purchase has since stalled due to le...
- JSW Steel sets sights on acquisitions in US"Our experience with overseas investments has not been very good, therefore, we are very careful before we step out to overseas," chairman ...
- JSW Steel may conclude takeover of Lucchini in a monthSajjan Jindal-owned JSW Steel is in the final stages of negotiations to buy 'part' of bankrupt Italian steelmaker Lucchini.
- JSW Steel, ArcelorMittal in talks to acquire Italy’s largest steelmaker Ilva steel plantIlva is amongst the largest steel plants in Europe. However, it has been blamed to have raised serious health concerns in the region by flo...
- Sajjan Jindal-owned JSW leads race to buy Italian steelmaker LucchiniSajjan Jindal-owned JSW Steel is leading the race for acquiring Italian steelmaker Lucchini as his brother Naveen's Jindal Steel and Power ...
- Severstal approaches Tata, Arcelor to sell Italian unitOAO Severstal, Russia's largest steelmaker, is planning to sell one of its units in Italy and has reportedly approached Tata Steel and Arce...
- Corus to shut UK unit partsTata Steel, the world’s eighth-largest steelmaker, said it would shutter a part of Corus’ Teesside plant in the UK, cutting 1,700 jobs.
- Tata's Corus set to sell stakes in steel plant to raise $450 mnThe deal should provide more breathing space to Corus as it attempts to implement a difficult restructuring programme. Factors that lead to...
- Chavez charts out agreement with steelmaker SidorVenezuela's government has reached an agreement on compensation for the nationalization of the country's largest steelmaker.
- A comparison of two Arcelor offersArcelor SA and Mittal Steel Co. can both claim to be the world's biggest steelmaker. Arcelor makes more money but Mittal ships more steel.
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