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Mittal wins regulatory approval to buy Arcelor

Mittal Steel won regulatory approval for its revised plan to buy its rival Arcelor, creating the world's largest steelmaker.

Published on: Jul 5, 2006, 16:13:00 IST
None | By , Luxembourg
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Mittal Steel won regulatory approval for its revised plan to buy its rival Arcelor, creating the world's largest steelmaker.

HT Image
HT Image

Mittal's offer, which was raised for a second time on June 26 and recommended by Luxembourg-based Arcelor to its shareholders, was approved by regulators in Belgium, France, Luxembourg and Spain, the Luxembourg regulator said ON Wednesday.

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