ArcelorMittal on Wednesday announced the appointment of Luxembourg's minister of economy and foreign trade Jeannot Kreck as a member of its board of directors in place of Georges Schmit, who will......
Luxembourg, a key financial centre of Europe, has indicated it would ease the visa regime for Indian professionals in certain specific sectors. "We will look at relaxing visa rules in specific......
Sections in France may still be sore about Laxmi N Mittal's takeover of Arcelor but Luxembourg, where the factory is located, is certainly not afraid of the owner of the world's largest steel......
Ending months of hostility, Arcelor SA has announced acceptance of India-born L N Mittal group's takeover bid, improved by 10 per cent to euro25.9 billion($32.4 billion), a move that will create......
The magic of LN Mittal's persistence seems to have worked! Arcelor board has unanimously recommended Mittal's offer of 40.44 euro per share. That works out to 26.9 billion euro or $33.6 billion,......