ArcelorMittal stakeholders OK merger finalisation
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.
Reuters>
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Story first published: Monday, November 5, 2007, 17:42 [IST]