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ArcelorMittal drops out of CLN Joint Venture amid Italian government's restrictions — What we know | Company Business News
1+ week, 6+ day ago (332+ words) Steel conglomerate ArcelorMittal SA has given up plans of a takeover of a joint venture (JV) with struggling Italian carpart manufacturer CLN-Coils Lamiere Nastri SpA after the country imposed restrictions, Bloomberg reported today. The government intervention paves the way for…...
ArcelorMittal drops takeover of Italy JV after government ruling | Company Business News
1+ week, 6+ day ago (233+ words) (Bloomberg) — ArcelorMittal SA dropped its planned takeover of a joint venture with struggling carpart manufacturer CLN-Coils Lamiere Nastri SpA after the Italian government-imposed restrictions, paving the way for a domestic rival to take control. The steel conglomerate had originally agreed…...
Tata Steel’s Q1 profit rises 12%, misses estimates on Europe woes | Company Business News
1+ mon, 2+ week ago (693+ words) Mumbai: Tata Steel Ltd reported a modest increase in April-June profit and missed Street estimates as disruptions at its European operations and higher input costs offset the gains from stronger steel prices in India. The Mumbai-headquartered steelmaker reported a 12% year-on-year…...
JSW Dulux to repopularise Dulux brand acquired from Akzo Nobel, steel network for growth | Company Business News
2+ mon, 4+ day ago (476+ words) Mumbai: JSW Dulux plans to repopularise the Dulux brand of paints it acquired from Akzo Nobel India and leverage the group’s steel business to drive growth and achieve its goal of becoming one of India's top paint companies. The company…...