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...News round-up Sam Bankman-Fried’s lawyers make final appeal for acquittal in FTX trial (FT) WeWork plans to file for bankruptcy as early as next week (Wall Street Journal) ArcelorMittal obtains €140mn...
...ArcelorMittal, the world’s second-biggest steel producer, which owns a large plant at Kryvyi Rih in the south, has also been able to restart work after the industry all but ground to a halt when the invasion...
...ArcelorMittal said it was “constructively working with Liberty to ensure continuity of the contract”....
...ArcelorMittal, one of the world’s biggest steel producers, has announced Aditya Mittal will replace his father Lakshmi as chief executive, with the founder taking up the position of executive chairman....
...(The Ringer) News round-up Petrol station tycoons are preferred bidders for Asda (FT) Devon agrees to buy rival shale producer WPX (FT + Lex) ArcelorMittal to sell US steel assets for $1.4bn (FT + Lex...
...Bethlehem Steel survives only as the name of a rock band and a soccer club, Inland is owned by ArcelorMittal, Chrysler by Fiat, and General Motors has emerged chastened from its 2009 bankruptcy....
...It follows the €1.8bn acquisition of Italian steel business Ilva this summer by a consortium led by ArcelorMittal, which will remain Europe’s largest steelmaker....
...Warburg Pincus, the private equity investor, has hired Peter Kukielski, ArcelorMittal’s former mining chief, to accelerate efforts to buy non-core assets from natural resources groups under pressure from...
...Earlier this year ArcelorMittal, the world’s largest steelmaker, raised $2.2bn through a convertible bond while German car company Volkswagen raised $1.6bn last month....
...(Financial Times) - ArcelorMittal in investing everywhere but India. (Wall Street Journal) - ‘A couple of people asked whether Arabella is based on their ex-wives,’ says John Lanchester....
...WL Ross previously invested in and consolidated a series of US steel companies, before selling them to ArcelorMittal, the world’s largest steelmaker....
...ArcelorMittal this month joined Peabody Energy of the US to make an A$4.7bn bid for Macarthur Coal, the Australian miner....
...The eight-member FT ArcelorMittal Boldness in Business Awards judging panel brings a wealth of wisdom, insight and experience across a range of industries....
...Peabody Energy and ArcelorMittal on Monday offered $5bn for Macarthur. Diageo lost 0.7 per centto £12.91 after a downgrade to “market perform” from Sanford Bernstein....
...Last year, Mr Ruch was able to generate more than 30 per cent returns by buying the bonds of companies such as Georgia Pacific and ArcelorMittal as the price of their debt rose on the back of reduced borrowings...
...It will operate in competition with other US-based mini-mill companies, including Nucor, the US’s Steel Dynamics, and US divisions of Gerdau, a large Brazilian steelmaker, and Lakshmi Mittal’s ArcelorMittal...
...ArcelorMittal, the world’s largest steelmaker, was raised from “neutral” to “buy” by MF Global, pushing the shares 4.9 per cent higher to $36.82....
...The French miner Eramet lost 6.7 per cent to €174.53, while the Paris-listed steelmaker ArcelorMittal shed 8.5 per cent to €20.09 and Germany’s Salzgitter fell 11.10 per cent to €44.61....
...- ArcelorMittal plays Pacman - And in Markets Live, more property woe On FT.com, - Saudi oil boost fails to alleviate concerns. - SCS shareholders likely to face wipeout....
...ArcelorMittal offered to spend up to $10bn buying up to 49 per cent of Krakatau Steel and investing in other projects in the sector....
...Metals stocks lost their lustre, with Sweden’s SSAB down 4.9 per cent to SKr125.25 and France’s ArcelorMittal down 3.8 per cent to €48....
...Then there is ArcelorMittal....
...ÁrcelorMittal rose 0.9 per cent to €58.08. Tech shares were under pressure after Microsoft walked away from its bid for Yahoo on Saturday....
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