Mittal, Arcelor agree on revised offer-sources
LONDON, June 25 (Reuters) Mittal Steel has informally agreed with Arcelor on a revised offer to buy the Luxembourg-based steelmaker, said sources familiar with the matter on Sunday.
Mittal plans to formally ratify the improved terms at a board meeting on Sunday and an announcement from the companies is expected later on Sunday, the sources said.
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Story first published: Monday, June 26, 2006, 19:30 [IST]