Mittal, Arcelor agree on revised offer-sources

By Staff
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Google Oneindia News

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.

REUTERS DKS BD1849

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