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http://news.bbc.co.uk/2/hi/business/5018682.stm
Arcelor to merge with Severstal
Arcelor had earlier said it was prepared to study Mittal's approach
Steel-maker Arcelor has announced plans to merge with Russian firm
Severstal, in a move aimed at blocking a hostile takeover by rival Mittal.
[...]
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This is an interesting bit of news, since as most of you know, the
response to the takeover attempt by Mittal (an Indian living in the UK)
has often run along nationalistic and/or xenophobic lines.
--ravi
--
Support something better than yourself: ;-)
PeTA: http://www.peta.org/
GreenPeace: http://www.greenpeace.org/
