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Keyword: mordashov

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  • Aleksei Mordashov Plays Real Monopoly- Arcelor

    06/07/2006 10:33:30 AM PDT · by G. Stolyarov II · 142+ views
    PanAsianBiz ^ | June 4, 2006 | Dr. Bill Belew
    Aleksei Mordashov, the CEO of Russian Steel Co. Severstal says he is befuddled by his proposed $16.5 Billion deal with the steel giant Arcelor. "The deal would create the world's largest steel company with a 6% of global production," Mordashov says. It would also give him a 32% share of the new company his critics say. Arcelor, apparently is a national treasure in the European countries where it operates - Fance and Belgium. Another company, Mittal, wants to buy out Arcelor and the Arcelor board doesn't like that idea either. It sounds to me like they just don't want to...