Below you will find information from the register publication of inside information. The information has been provided by the organisation.
- Registration date 20 dec 2010 - 20:46
- Statutory name ArcelorMittal S.A.
- Title ArcelorMittal Offer is a Bid for 100% of Baffinland’s Shares and is Financially Superior to Nunavut’s Coercive Partial Offer
- Comments ArcelorMittal today responded to Nunavut Iron Ore Acquisition Inc.’s (“Nunavut”) recent allegations regarding ArcelorMittal’s improved, financially superior offer for Baffinland Iron Mines Corporation (“Baffinland”). ArcelorMittal’s improved offer of C$1.25 in cash per common share (the “ArcelorMittal Offer”) provides superior value and certainty for the shareholders of Baffinland. The ArcelorMittal Offer is made for 100% of Baffinland’s shares as compared to Nunavut’s offer, which is a coercive partial bid for only 50.1% of Baffinland’s common shares including those shares already owned by Nunavut. . . .
Date last update: 13 August 2022