Management

Uttam Galva not opposed to merger with ArcelorMittal

Mid-size steel maker Uttam Galva Steels said today it is not opposed to merger with the world’s largest steel producer ArcelorMittal and is open to all options aimed at taking the company to “new heights.” - Uttam Galva hits upper circuit on open offer - Uttam Galva not opposed to merger with ArcelorMittal - ArcelorMittal makes open offer for Uttam Galva Steel - Uttam Galva zooms 10% on ArcelorMittal deal - It"s curtains for major standalone steel players - Uttam Galva banks on Mittals" "Midas touch" “We are not opposed to merger and are open to all options as and when (any such) decision is taken by the joint board,” Uttam Galva Director (Commercial) Ankit Miglani said. “No decision has been taken as yet and the joint board will decide whatever is the best for the company,” he said.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
Consultants, banks to help companies raise funds
Raising finance for companies eyeing renewable energy projects would no more be an onerous project as banks and consultants are working on innovative solutions to help these companies.
Popular Articles

Surge in freight rates fails to lift shipping cos' morale
A rise of about 70 per cent over 45 days in the Baltic Dry Index (BDI), the global benchmark for shipping freight rates of dry bulk carriers, has failed to cheer Indian companies, who see it as only a temporary surge.

Soybean hits upper circuit on global cues, fresh buying
Has gained 10.45 per cent on NCDEX since July 29.