Arcelor: $3.75B Offer for Dofasco

November 22, 2005

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Luxembourg-based steel giant Arcelor SA made a $3.75 billion hostile takeover offer for Canadian steelmaker Dofasco Inc. on Wednesday, its first foray into North America and a shift from its previous strategy of making acquisitions in developing markets.

*For more on this story,

read the full Associated Press article.

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Arcelor: $3.75B Offer for Dofasco

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