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Arcelor chief defends payout in radio interview Paris, France - Arcelor's chief executive, Guy Dolle has defended the company's plan to distribute more than 5 billion euros ($ 6.10 billion) to shareholders as part of its defense against an expected bid from Mittal Steel Co. NV. 12 Apr 2006
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No reason to sell Arcelor shares in nearby future: Luxembourg Lakshmi Mittal may face an uphill task in his takeover bid of $ 23 billion for world's number two steel producer, Arcelor, as the Luxembourg Government, the largest shareholder in the firm, has made it clear that it has no reason to sell the shares in the near future. 12 Apr 2006
Arcelor's $ 6.1 billion payout will hamper growth: Mittal London, UK - In the wake of Arcelor CEO's announcement that the company plans to distribute more than 5 billion euros ($ 6.10 billion) to its shareholders as part of its defence against an unexpected takeover bid from Mittal Steel Co. NV, Roeland Baan, head of Mittal's European business, said that the decision will hamper growth at the world's second-largest steelmaker. 10 Apr 2006
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Shareholders not favorable to Mittal: Dolle Brussels, Belgium - Arcelor Chief Executive Guy Dolle has said that the majority of the steel company's shareholders are not in favor of the unsolicited 18.6 billion euro ($22.2 billion) takeover bid by rival Mittal Steel. 06 Apr 2006
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Arcelor boosts dividend, may buy back shares Brussels, Belgium - Arcelor SA raised its dividend Tuesday and said it may buy back 5 billion euros ($ 6 billion) in shares as it tries to fight off a hostile bid from rival steelmaker, Mittal Steel Co. 05 Apr 2006
Mittal concerned about Arcelor's plan to spoil takeover bid Brussels, Belgium - Steel king, Lakshmi Mittal, has expressed his concerns about a plan by Arcelor management to spoil his 19 billion euro ($ 23 billion) takeover bid. 05 Apr 2006
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Arcelor to announce counter-offensive on Mittal bid Brussels, Belgium - Arcelor, the world's second biggest steelmaker, is set to announce measures on Tuesday designed to fend off an unsolicited bid from rival Mittal Steel, a source close to the deal said. 05 Apr 2006
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Vodafone concludes purchase of Bharti Tele-Ventures stake UK-based telecom giant, Vodafone Group, has completed the 'economic closure of transaction' with Bharti Airtel, for acquiring 10 percent stake in the Indian telecom service provider for about Rs. 6,700 crore ($ 1.5 billion). 04 Apr 2006
