Mittal Steel (MT.N) raised its offer by a third and dropped a key demand for family control over the combined global steel giant. In a surprise move on Friday, just a day after the hostile bid was formally launched, Mittal boosted its total value by 6 billion euros to over 24 billion euros ($30.7 billion). A source [...]
Mittal Steel (MT.N) raised its offer by a third and dropped a key demand for family control over the combined global steel giant.
In a surprise move on Friday, just a day after the hostile bid was formally launched, Mittal boosted its total value by 6 billion euros to over 24 billion euros ($30.7 billion). A source [...]
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