Arcelor-Mittal Takeover (Version 1)
The Arcelor-Mittal deal demonstrates Europe's deepening integration into the global economy. | It was taken over by Mittal, a Dutch-registered company run from London by its biggest single shareholder, Lakshmi Mittal, an Indian who started his first business in Indonesia. | The takeover battle raged for six months before Arcelor's bosses finally listened to shareholders who wanted the board to accept Mittal's third offer. | Arcelor, established in Dutch, had been the largest European steelmaker by 2006.
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