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...

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