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Showing results for INTERNATIONAL STEEL GROUP, dba ArcelorMittal USA, LLC
...He says that for 15 years, half of the carried interest he was entitled to from Vista’s premiere fund was filtered through a Nevis LLC called Flash Holdings, owned via bearer shares by a Belize foundation...
...Michael Setterdahl, chief executive of Liberty Steel USA, put the problems down to a bad market in mid-2019 but said that demand had since recovered....
...The strength of the recovery in steel markets was underlined as ArcelorMittal, the world’s largest producer of the metal, posted a one-third increase in annual core profits and said it would resume dividend...
...For example, TCI took a $830m holding in News Corp after the stock had slumped following the revelations of phone hacking linked to the company’s UK subsidiary News International....
...ArcelorMittal this month joined Peabody Energy of the US to make an A$4.7bn bid for Macarthur Coal, the Australian miner....
...He founded Mittal Steel Company (formerly LNM Group) in 1976 and built the company through a series of acquisitions, culminating in Mittal Steel’s takeover of Arcelor in 2006....
...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....
...Investors looked more favourably on reports that French steel giant ArcelorMittal was considering a tie-up with China’s Angang Steel to expand its presence in the world’s most populous nation and was also...
...The International Iron and Steel Institute, the global steel industry’s trade body, also said putting BHP and Rio together was “against the public interest and should not be allowed to proceed”....
...ArcelorMittal, the world’s largest steelmaker, posted a $2.72bn profit in the second quarter, compared with $1.82bn a year ago, based on the combined results of the company’s predecessors, Mittal Steel and...
...Mr Ross rolled up five bankrupt US steel companies to create the International Steel Group, which was sold last year to Mittal Steel for $4.5bn....
...The best product of this strategy was arguably International Steel Group: a collection of ailing companies when Mr Ross acquired them, a would-be industry powerhouse by the time Lakshmi Mittal bought ISG...
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