Monday, January 16, 2006
Arcelor ups bid in steel battle
CNN.com
Arcelor, the world's second biggest steel maker, said on Monday it planned to raise its offer for Dofasco to 71 Canadian dollars per share, after rival bidder Germany's ThyssenKrupp had increased its offer to C$68 to value the Canadian steel maker at C$5.3 billion ($4.6 billion).
Arcelor, the world's second biggest steel maker, said on Monday it planned to raise its offer for Dofasco to 71 Canadian dollars per share, after rival bidder Germany's ThyssenKrupp had increased its offer to C$68 to value the Canadian steel maker at C$5.3 billion ($4.6 billion).
Labels: Dofasco
