| ThyssenKrupp To Decide Next Steps On Dofasco TOB |
| = Single combat between two bidders pending on the outcome of decision by ThyssenKrupp |
The takeover bid for Canadian integrated steel company Dofasco, Inc. is in the single combat between the two European major steel mills, Arcelor and ThyssenKrupp. On January 16 Arcelor came to raise its offer price further to C$71.00 per share. Wasting no time ThyssenKrupp announced it would examine Arcelor's new offer and decide on its next steps.
According to ThyssenKrupp, Dofasco is liable to keep ThyssenKrupp informed of the development of Dofasco's talks with Arcelor pursuant to the terms of the Support Agreement existing between Dofasco and ThyssenKrupp to support ThyssenKrupp offer. |
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| last modified : Mon 23 Jan, 2006 [10:35] |
