matters of the business world… laxmi mittal is taking the world by storm… for those in the dark.. he is the third richest man in the world… mittal steel… based in netherlands n has businesses all over europe… n wats the issue???… he has bid for a company called arcelor… 23 billion dollars… a hostile bid at that… arcelor is no small fish in the steel industry… it’s share in the industry is second largest… so it’s a clash of the titans… but is the game plan fair???… i think it was a fair game as long as the politicians were not involved… hostile bids happen in this world… wats new about it???… but there is no fair play here… politicians are involved… they do not want the bid to get through… reasons??… officially they say the people working will be laid off… the profits of arcelor would be used for his other companies in US n this will not be in the interests of the shareholders… n the unofficial reason… he is an indian… there have been talks about him being an indian and therefore the company doesn’t want this deal to go through… if the bid was from some US citizen would the politicians be involved???…
mittal has already promised that no one will lose their jobs… since the time the bid has been put forward 9 billion dollar worth of additional value has been created in the two companies… now doesn’t this point towards common sense???… shareholders want the deal to get through… its only the politicians n the management of the company who are against this bid… they should remember that in the end it’s the shareholders interests that’s more important… n put racism and their ego at rest… ego… yes that’s because they had never in their wildest dreams foreseen that an indian would try to take over their company…
mr mittal… we indians are with you…. may the deal get through… cheers…
17 comments:
Yup had been following it fr last few days..!! Even heard of them approaching ties with chinese and also supposedly framing some new EU rules in parliament against the takeover...!!
Truly a clash of titans.. and each is looking fr a big fight i guess..!!
Hope things turn out in favour fr Mittal
uff diiz i dunno whoz this mittal, but if u r with him ... so m i ... lolzz
howz u diiz
miss ya cho cho much
hugss diiz
love u
Good luck to Mr.Mittal...all Indians should be very proud of his achievements...wow!
Shows that the color of brains is all that matters :)
Keshi.
You are right may be politicians are against becuase he is Indian or whatever. Shares of Meetals are really down here in US, getting this deal it will definetly lift shares that's why sharholders are ready.
Anyway at the end it's between two titans.
First time here, nice thoughts, will come again.
the same person who threw a lavish wedding ceremony/party for his daughter..rite?
aww..everyone talking about him..cool..i'm so proud
=am000nie=
You Li'l devil...write something about KC too.
lustya.
i salute thee Mr Mittal
u made us proud
GARV SE KAHO
HUM HINDUSTANI HAIN
we been the under dog too long
thats a nice update :-)
thank you...
i agree wit u... the politicians r coming in between coz hez an Indian...
New post babezz...where r u btw?
Keshi.
Yaa...i heard abt his plans to take over this co. in France too ... going good ... isnt he?
tiz great to see everyone respecting him so much out here!
we're all with ya!!
where art thou?
Yes, i m with you Mr Mittal too.
our MEA has announced its firm support behind Mr Mittal. The europian nations have only exposed their narrow mindedness by raising objections over the deal.
Happy Woman's day moonie
Its not funny anymore m000nie - we r all missing u so much now!
Keshi.
Where art thou Miss Beautiful?
that's really disgusting, you are 100% right, if mittal were a US citizen, the arcelor would have had representatives from whitehouse visiting by now. All the best for Mittal, we are with you!
Best regards from NY! »
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