Mittal decision on Areclor in the next couple of weeks. A takeover of Areclor is supposed to increase further steel takeover activity - BSL is apparently the frontrunner in oz.
BRUSSELS (Reuters) - The European Commission said on Wednesday it had extended by 10 working days its review of Mittal Steel's (Amsterdam:ISPA.AS - News) unsolicited 20 billion euro ($25.5 billion) bid for rival Arcelor (Paris:CELR.PA - News).
The announcement confirmed a story carried by Reuters on Tuesday based on a source. The Commission, the European Union's top competition regulator, said the deadline for its decision had been changed to June 7 from May 19.
The delay will allow competitors and customers to look at a divestiture that Mittal, the world's biggest steel maker, has proposed to remedy a relatively small overlap in Europe.
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Last
$21.90 |
Change
0.490(2.29%) |
Mkt cap ! $9.616B |
Open | High | Low | Value | Volume |
$21.78 | $22.00 | $21.69 | $57.67M | 2.631M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 2193 | $21.84 |
Sellers (Offers)
Price($) | Vol. | No. |
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$21.91 | 1786 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 1151 | 21.710 |
1 | 500 | 21.700 |
1 | 50 | 21.600 |
1 | 25 | 21.300 |
1 | 920 | 21.040 |
Price($) | Vol. | No. |
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21.950 | 1200 | 1 |
22.060 | 250 | 1 |
22.080 | 597 | 1 |
22.100 | 890 | 2 |
22.190 | 1750 | 1 |
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