From: "Sachin Phadte" <[EMAIL PROTECTED]>
<the aspect of xenophobia is present in all countries. The recent
controversy of the attempt by Laxmi Mittal to take over Arcelor is one such
example.>
May I ask Sachin Phadte to please expand on the recent "controversy"
surrounding the hostile attempt by Laxmi Mittal to take over Arcelor - as an
example of Xenophobia.
May be, someone who knows (Sachin perhaps) will look at the issue more
closely (time permitting of course) and advise
1. IF Arcelor was up for sale ?
2. IF Arcelor has some EU Govts as owners?
3. IF these Govts. have some responsibilities to secure the employment of
their citizens (read voters)?
4. How the European Commision & its anti-monopoly organs would read this
hostile take-over attempt esp in view of previous actions ?
5. How one would consider Mittal ( currently one of the UK's richest men-
est worth > £15bn ) as being a victim of Xenphobia.
I personally agree that Xenophobia occurs in ALL countries, but I wonder if
Mittal's is the appropriate example to illustrate that Xenophobia.
Not when he has his OWN steel empire based in two major countries in Europe!
just my view.
jc
PS: I wonder what would happen IF a foreign airline like (say) Singapore
Airlines had made an hostile bid to buy even a minority stake in (say) Air
India (albeit in collaboration with an Indian firm like (say) Tata )
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