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Latest Arcelor Mittal Stories

2011-08-04 06:16:00

ST. LOUIS, Luxembourg, Aug. 4, 2011 /PRNewswire/ -- Peabody Energy (NYSE: BTU) and ArcelorMittal (NYSE: MT) today lodged with the Australian Securities and Investments Commission ("ASIC") the Bidder's Statement for their all-cash off-market takeover bid to acquire all the shares in Macarthur Coal Ltd (ASX: MCC). A copy of the Bidder's Statement is available from Peabody's website www.peabodyenergy.com and also from ArcelorMittal's website www.arcelormittal.com. Under the offer, Macarthur...

2011-07-31 23:02:00

ST. LOUIS and LUXEMBOURG, Aug. 1, 2011 /PRNewswire/ -- Peabody Energy (NYSE: BTU) and ArcelorMittal (NYSE: MT) today confirm that following the recent completion of due diligence they intend to launch an all-cash off-market takeover bid to acquire all the shares in Macarthur Coal Ltd (ASX: MCC). Under the offer, Macarthur shareholders will be offered A$15.50 cash per share, valuing the equity in Macarthur at approximately A$4.7 billion. Macarthur shareholders will also be entitled...


Word of the Day
glogg
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).
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