Arcelor Issues an Information Document Relating to the Arcelor-Severstal Merger.LUXEMBOURG -- Arcelor (ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C. :LU0140205948) (Pink Sheets:ARLOF) (Paris:LOR LOR Letter Of Reprimand (military) LoR Lord of the Rings (J.R.R. Tolkien) LOR Learning Object Repository LOR Linux.Org. ) informs its shareholders that it has published an information document relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Arcelor-Severstal merger on the Group's website www.arcelor.com (under Investor Relations/News). In order to ensure that shareholders express a fully-informed opinion on this proposed merger, the document published by Arcelor describes the following: --the terms of the planned merger between Arcelor and Severstal, announced on May 26th, 2006, --the joint industrial project of Arcelor and Severstal, --a description of Severstal's assets, --elements used for the valuation of Severstal and, in particular, its mining assets, --comparative data on the Arcelor-Severstal merger and the Arcelor-Mittal Steel combination This document is an integral part of the information campaign that Arcelor intends to launch in order to ensure that its shareholders are fully informed on the merits on the merits adj. referring to a judgment, decision or ruling of a court based upon the facts presented in evidence and the law applied to that evidence. A judge decides a case "on the merits" when he/she bases the decision on the fundamental issues and considers of the Arcelor-Severstal merger. In addition, Severstal is preparing an information memorandum Information memorandum A document detailing the project and project financing, usually in connection with a syndication. that will provide a detailed description of the assets that will be contributed to Arcelor in the Arcelor-Severstal merger, which will be made available to Arcleor shareholders when ready. About Arcelor Arcelor is the number one steel company in the world with a turnover of 32.6 billion euros in 2005. The company holds leadership positions in its main markets: automotive, construction, household appliances and packaging as well as general industry. The company - number one steel producer in Europe and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. - ambitions to further expand internationally in order to capture the growth potential of developing economies and offer technologically advanced steel solutions to its global customers. In 2006, Arcelor employs 110,000 associates in over 60 countries. The company places its commitment to sustainable development Sustainable development is a socio-ecological process characterized by the fulfilment of human needs while maintaining the quality of the natural environment indefinitely. The linkage between environment and development was globally recognized in 1980, when the International Union at the heart of its strategy and ambitions to be a benchmark for economic performance, labour relations and social responsibility. For more information visit www.arcelor.com |
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