ArcelorMittal stakeholders OK merger finalisation

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Luxembourge, Nov 5: Shareholders in ArcelorMittal , the world's largest steelmaker, gave a last clearance on Nov 5 for the merger between ex-rivals Mittal Steel and Arcelor.

Arcelor shareholders in June 2006 accepted a 26 billion euro ($37 billion) friendly offer from Mittal after an acrimonious takeover battle, but investors representing 6 percent of the stock decided not to tender their shares.


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