Saturday, May 24, 2008

book on the arcelor mittal battle

may 22nd, 2008

sounds interesting.

Cold Steel: Lakshmi Mittal and the takeover that defined an Era
by Tim Bouquet, Byron Ousey
List Price: £20, Special Price: Rs.650/-
Greenleaf Price: Rs.520/- (20% off) (Price Valid 10th May, 2008, Outstation
Courier Charges Extra)
Book starts shipping from 12th May, 2008

BOOK DESCRIPTION:
A compelling account of the biggest corporate takeovers of recent years,
and an insight into the life of Lakshmi Mittal, the world's fourth richest
man. COLD STEEL is the gripping story of the world's biggest and most hard-
fought industry takeover of recent years, an epic corporate battle that
would send shockwaves through the political corridors of Europe, excite the
world's financial markets, enrich thirty hedge funds and transform the
global steel industry. In 2006, the two largest steel-producers went head
to head in a bitter battle for total market domination. Lakshmi Mittal, a
Calcutta-born industrialist who had raised himself up from humble
beginnings to become the world's fourth-richest man, proposes a friendly
merger with rival Arcelor, a pan-European company whose interested parties
include the governments of Spain, Luxembourg and Belgium. Arcelor's
mercurial CEO, Frenchman Guy Dolle, firmly refuses, and the scene is set
for a massive hostile takeover involving billions of dollars of finance,
government and shareholder manoeuvring, and accusations of jingoism and
double-dealing. Fast-paced and electrifying.


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