Dofasco Inc.

News & Analysis

arcelor and dofasco inc. and thyssenkrupp - All News and Analysis

• ThyssenKrupp beats retreat in battle to buy Dofasco

  - 2007-01-23

  DUESSELDORF, Germany AFP — ThyssenKrupp, the German heavy industry and steel giant, has appeared to concede defeat in its long-running battle to take over Canadian steel maker Dofasco. "The prospects of ThyssenKrupp taking over Dofasco have now been severely reduced," the German group said Tuesday after a Dutch court rejected...

  Tags: Arcelor, Dofasco Inc., ThyssenKrupp

• Court backs Mittal in dispute with ThyssenKrupp over Dofasco sale

  - 2007-01-23

  ROTTERDAM, The Netherlands AFP — Steel giant Arcelor Mittal will be able to keep control over profitable Canadian steelmaker Dofasco after a Dutch court sided with Mittal in its dispute with German ThyssenKrupp. The court ruled Tuesday that Mittal, which last June acquired the European steel giant Arcelor and is...

  Tags: Arcelor, Dofasco Inc., ThyssenKrupp

• ThyssenKrupp takes legal action against Mittal over Dofasco

  - 2006-12-26

  PARIS AFP — The steel giant Arcelor Mittal has said that it faced legal action by German industrial group ThyssenKrupp on grounds that it had not honoured a commitment to sell ThyssenKrupp the Canadian steelmaker Dofaso. Arcelor Mittal said that it considered the litigation to be without foundation, but that...

  Tags: Arcelor, Dofasco Inc., ThyssenKrupp

• Steel group Arcelor Mittal victim of Dofasco 'poison pill'

  - 2006-11-13

  PARIS AFP — Arcelor Mittal, the newly merged steel group, said it has been prevented from selling Canadian producer Dofasco, formerly a unit of Arcelor, to ThyssenKrupp of Germany. The deal had been agreed between Mittal and ThyssenKrupp earlier this year when Mittal was battling to take over its smaller...

  Tags: Arcelor, Dofasco Inc., ThyssenKrupp

• ThyssenKrupp works on buying Dofasco, selling US autos

  - 2006-08-11

  DUESSELDORF, Germany AFP — ThyssenKrupp, the German heavy industry and steel giant has said it would continue to negotiate to take over Canadian steel maker Dofasco, which was snapped from under its nose earlier this year by rival Arcelor. ThyssenKrupp also said it planned to divest its automotive activities...

  Tags: Arcelor, Dofasco Inc., ThyssenKrupp

• ThyssenKrupp says it will buy Dofasco if Mittal acquires Arcelor

  - 2006-01-27

  DUESSELDORF, Germany AFP — German heavy industry giant ThyssenKrupp has said it will buy Canadian steel-maker Dofasco after all, if Dutch giant Mittal Steel acquired Luxembourg-based rival Arcelor. ThyssenKrupp lost out earlier this week to Arcelor in a fierce takeover battle for Dofasco. But Mittal Steel launched an...

  Tags: Arcelor, Dofasco Inc., ThyssenKrupp

• Thyssenkrupp cedes to Arcelor in Dofasco steel fight

  - 2006-01-23

  BERLIN AFP — German steel giant Thyssenkrupp decided not to raise its bid for Canadian steel producer Dofasco, leaving a clear field to its European rival Arcelor. Arcelor, the second-biggest steel group in the world, has been locked in a two-month bidding war with Thyssenkrupp to seize control of...

  Tags: Arcelor, Dofasco Inc., ThyssenKrupp

• Arcelor increases its offer to $4.7 billion for Dofasco

  - 2006-01-17

  Arcelor SA, the world's second-biggest steelmaker, raised its offer for Canada's Dofasco Inc. to C$5.5 billion ($4.7 billion) in cash, topping a rival bid from ThyssenKrupp AG. Arcelor proposed paying C$71 a share, 13 percent more than its previous offer and 4.4 percent more than ThyssenKrupp's Jan. 14...

  Tags: Arcelor, Dofasco Inc., ThyssenKrupp

• Arcelor makes counter-punch in Dofasco steel fight

  - 2006-01-16

  PARIS AFP — The battle for Canadian steel producer Dofasco heated up as European steel giant Arcelor made a third, improved bid for the group in an attempt to trump its German rival ThyssenKrupp. Arcelor, the second-biggest steel group in the world, has been locked in a two-month bidding...

  Tags: Arcelor, Dofasco Inc., ThyssenKrupp

• ThyssenKrupp raises bid for Dofasco

  - 2006-01-14

  BERLIN AFP — German industrial conglomerate ThyssenKrupp said it would raise its bid for Canadian steelmaker Dofasco and extend the offer until January 26, in a move to beat its European rival Arcelor. The new offer at 68 Canadian dollars per share (56 US dollars, 48 euros) exceeds Arcelor's...

  Tags: Arcelor, Dofasco Inc., ThyssenKrupp