At lunchtime on Friday, they received word from Luxembourg that European steel champion Arcelor's shareholders had voted by an overwhelming majority to reject the proposed merger with Russian oligarch Alexei Mordashov's Severstal.
Saturday, August 4, 2007
Exclusive interview with Lakshmi Mittal
The morning-after feeling started late in the afternoon for steel tycoon Lakshmi Mittal and all his staff working out of two floors in the swish, if impersonal, rented offices of his company in Berkeley Square, Mayfair.
At lunchtime on Friday, they received word from Luxembourg that European steel champion Arcelor's shareholders had voted by an overwhelming majority to reject the proposed merger with Russian oligarch Alexei Mordashov's Severstal.
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At lunchtime on Friday, they received word from Luxembourg that European steel champion Arcelor's shareholders had voted by an overwhelming majority to reject the proposed merger with Russian oligarch Alexei Mordashov's Severstal.
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