US warns Hong Kong not to offer 'haven' to sanctioned oligarchs. All you need to knowAs a result of a $500 million superyacht moored in one of the city's harbors, the US has warned Hong Kong against becoming a 'haven' for sa...
Germany’s TUI acquires local travel company Le PassageRussian billionaire Alexei Mordashov-backed TUI, Germany's leading travel group, has taken controlling share of Le Passage to India.
Severstal and NMDC officials meet to discuss proposed steel venture partnership in KarnatakaSeverstal and NMDC officials to meet later today to breathe life into the proposed steel venture partnership in Karnataka.
- Essar pulls out of Esmark race
Severstal has launched a fresh offer of $19.25 a share, 25 cents higher than Essar’s renewed bid, and has signed a definitive merger agreem...
- Russian billionaire Mordashov might double TUI stake: Report
Russian billionaire Alexei Mordashov might raise his stake in TUI, the leading European tourism operator, to 20 percent to gain influence a...
- Russia’s Severstal to split business, eyes M&As
Severstal, Russia’s largest steel maker, is splitting its business into three divisions and considering further acquisitions in North Ameri...
- Severstal looking at opportunities in India
Russian steel giant Severstal is planning to tap opportunities in India, keeping in view its growing economy and a huge market.
- Arcelor shareholders dump SeverStal bid
Shareholders in steelmaker Arcelor rejected on Friday, a merger deal with Russia’s SeverStal Steel.
- SeverStal weighs fresh options
Russian steel magnate Alexei Mordashov is still undecided a day before a crucial Arcelor shareholder meeting on whether to raise his bid fo...
- Abramovich to aid Severstal in Arcelor merger battle
Russia's richest businessman Roman Abramovich could come to the aid of Severstal if the Russian steel group raises its bid to merge with Ar...
- Severstal to sue Arcelor for breach of contract
Russian steel major Severstal said it would sue Arcelor for breach of contract if its board recommended Mittal to shareholders.
- Arcelor board in crucial meeting on Today
Arcelor Board will decide between the partnership offer by Severstal and the takeover bid from Mittal Steel.
- Arcelor, Severstal merger may happen
Steel giants Arcelor and Russia's Severstal may merge soon to create the world's largest steel producer.
- Mittal criticizes Severstal's revised proposal
Steel giant Mittal Steel on Wednesday criticized a revised proposal by Russia's Severstal on a tie-up with European producer Arcelor, which...
- Severstal reduces Arcelor stake bid
Russian steel giant Severstal's chief executive proposed reducing his future stake in European steelmaker Arcelor from 32 per cent to 25 pe...
- 'Severstal's deal with Arcelor is merger, not sale'
Russian steel producer Severstal's deal with the European steel group Arcelor is a merger, not an acquisition, Severstal's chief Alexei Mor...
- Mittal might sweeten Arcelor bid again
Arcelor is expected to officially reject Mittal Steel's hostile takeover offer on Monday, but the world's largest steelmaker has indicated ...