Monday, January 30, 2006

Mittal the Man to watch out for

Beware of this guy.. I dont know what is he up to . His sons article is also quite interesting what these people are up to. Aditya Mittal i read an article in forbes I believe.

This is the excerpt fromm Wall Street Journal online edition which i subscribe too.

MITTAL STEEL'S CEO is to meet with European officials and leaders to lobby for support for his company's $23 billion hostile bid for rival Arcelor. Arcelor's board rejected the offer, which would create the largest steel-industry player in the world, and which has ignited talk of more deals in the sector.

Commodities:Mar. oil futures stand at $67.76 a barrel, $0.72 last week; Gold (Comex) $558.70 per troy ounce, 5.20; Dow Jones-AIG Commodity Index 171.589,


More dealzzz

Colony Capital and Saudi Prince Alwaleed bin Talal are near a deal to buy hotel chain Fairmont for about $3.3 billion

Fastow's likely testimony in the trial of former Enron executives Lay and Skilling could pose challenges for both sides.


Glaxo and Serono resumed talks on a potential takeover of the Swiss biotech firm for less than its $15 billion asking price.

Lockheed won a $2 billion Air Force contract to develop a network for new satellites to improve military communications.


Skype and Warner Music plan a deal to bring ringtones to the eBay unit's VOIP phone service.


Warner Bros. plans to sell TV and movies online in Germany via peer- to-peer technology.