ArcelorMittal matches rival offer for Baffinland

Started by emirate, Jan 01, 2011, 01:01 AM

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emirate

Jan 01, 2011, 01:01 AM
PARIS/TORONTO (Reuters) - Steel giant ArcelorMittal upped its takeover bid for Baffinland Iron Mines on Friday, valuing the company at about C$550 million ($550 million) as it pursues its undeveloped iron ore deposit in Canada's Arctic.

ArcelorMittal matches rival offer for Baffinland


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