Long lengths of red hot steel pass through a machine in the foundry at the ArcelorMittal steel plant in Zenica, Bosnia. (Photographer: Oliver Bunic/Bloomberg)
ArcelorMittal's $6 Billion Essar Steel Buy Gets Court Nod
(Bloomberg) -- An Indian court allowed ArcelorMittal’s $6 billion purchase of a bankrupt steel company, paving the way for tycoon Lakshmi Mittal to enter the world’s second-biggest market. Shares o...