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2006

Ratan Tata Builds Indian Behemoth Into Global Player
October 7, 2006

As Indian companies increasingly look for purchases overseas, they have an unlikely pioneer and champion: Ratan Tata....
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The Deal Diary
October 6, 2006

Oh, to have the Rolodex of UBS Investment Bank president Ken Moelis. A long friendship with Harrah's Entertainment Inc. director and Hilton Hotels Corp. co-chairman and CEO Stephen Bollenbach appears to have....
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Global Contest For Steel Supremacy
October 5, 2006

The steel industry is consolidating. Some people believe the process is winding up. In fact, it is just beginning. The potential bid by....
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Miner M&A at Crossroads
September 27, 2006

Burgeoning metal prices in the first half of 2006 brought mining companies to the land of plenty, and with it a conspicuous desire to get hitched. The recent dip in metals prices may have cooled the ardor for deal-making, for reasons unique to the mining industry....
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Global Steel is Coming Together
September 13, 2006

The recent contest for control of Arcelor, won by Mittal Steel, will lead to the combination of the world's two largest steel companies and, as such, represents a watershed event....
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Look For Pick-Up In Distressed M&A In the Next Economic Downturn
August 30, 2006

Daily, it seems, we read reports of investment banks staffing up their restructuring groups in anticipation of that elusive next downturn. But, while the need for restructuring....
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Turnaround Professionals Watch Vulnerable Industries
June 29, 2006

With the economy refusing to break down, professionals who make a living by fixing troubled companies have been as frustrated as the Maytag repairman....
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Severstal picks boutique for Arcelor merger agreement Industries
June 19, 2006

A New York-based consultancy is at the centre of the controversial €26bn ($33bn) merger agreement between Severstal, the Russian steelmaker, and Paris-listed Arcelor.....
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Finally, Face to Face on a Steel Merger
June 14, 2006

The public face-off between Mittal Steel and Arcelor, rival steel giants, may soften a bit as a result of a meeting on Tuesday evening in Brussels in which they were expected to discuss a potential merger...
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Arcelor Indicates Some Willingness to Talk With Mittal
June 13, 2006

The European steel giant Arcelor formally rejected a 25.8 billion euro ($33 billion) hostile takeover bid by Mittal Steel on Monday. But for the first time, Arcelor said it might be willing to negotiate a deal...
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'Steel man's dream' remains Mittal hope
June 8, 2006

Lakshmi Mittal is sure he's going to win - and he is not planning to share. Mittal, the chief executive of Mittal Steel, on Friday derided the corporate governance standards of Arcelor - the company he has been trying to buy...
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Bowing to Pressure, Arcelor Plans to Talk With Mittal Steel
June 8, 2006

Facing increasing pressure from angry shareholders, the steel company Arcelor said Wednesday that it would talk to Mittal Steel, which has made a hostile bid for the company....
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Steel Executive Sees Prize Beyond Setbacks
June 3, 2006

Lakshmi Mittal is sure he is going to win and he is going to win the whole thing. In an interview on Friday, Mr. Mittal, the chief executive of Mittal Steel, derided...
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Arcelor to Merge With Severstal In Effort to Repel Mittal
May 27, 2006

Luxembourg steel maker Arcelor SA officially announced a merger with Russian steel maker OAO Severstal acting as a white knight in an attempt to fend off a €23 billion ($29.43 billion) bid...
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Trouble Ahead: The Challenges Of Post-Default Second-Lien Loans
February 22, 2006

While the timing of the next credit downturn is anybody's guess, one thing is certain: The increased prevalence of second-lien debt will...
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