Acquisition by ArcelorMittal
GPTKB entity
Statements (40)
Predicate | Object |
---|---|
gptkbp:instanceOf |
business acquisition
|
gptkbp:acquisition |
gptkb:Klein_Steel
gptkb:ArcelorMittal gptkb:Mittal_Steel_Company Dofasco Severstal's assets |
gptkbp:CEO |
gptkb:Lakshmi_Mittal
|
gptkbp:competitors |
other steel manufacturers
local steel producers |
gptkbp:employees |
over 200,000
|
gptkbp:environmental_impact |
job creation
carbon emissions sustainability initiatives investment in infrastructure influence on steel prices |
gptkbp:future_plans |
technological advancements
regulatory changes market volatility sustainability goals supply chain challenges expansion of production capacity increased market presence diversification of product offerings |
gptkbp:headquarters |
gptkb:Luxembourg
|
gptkbp:historicalContext |
merger and acquisition trends
consolidation of steel companies globalization of the steel industry |
https://www.w3.org/2000/01/rdf-schema#label |
Acquisition by ArcelorMittal
|
gptkbp:impact |
global steel market
|
gptkbp:investmentFocus |
equity financing
debt financing |
gptkbp:market |
approximately 10% of global steel production
|
gptkbp:operations |
more than 60 countries
|
gptkbp:products |
steel
|
gptkbp:regulatoryCompliance |
antitrust scrutiny
government approvals |
gptkbp:revenue |
$70 billion (approx.)
|
gptkbp:significance |
largest steel producer in the world
|
gptkbp:targets |
various steel companies
|
gptkbp:year |
2006
|