Posted in | News | Ferrous Alloys and Metals | Iron and Steel

ArcelorMittal Respond to Rumours Involving China Oriental Group Limited

Nov 23 2007

In response to media reports, ArcelorMittal, the world's largest steel company, today confirmed it is in talks with the controlling shareholders in China Oriental Group Limited (COGL) about future co-operation and including increasing its stake in the Company. ArcelorMittal currently holds a 28% equity stake in the Company.

No further announcements are planned at this time.

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