Date: Sunday 21 Aug 2011
London-based mining giant Anglo American is to gatecrash the £3bn takeover battle for the Australian coal miner Macarthur, a move that will put it on a collision course with Lakshmi Mittal, the steel tycoon, reports the Sunday Times. Arcelor Mittal, the world’s largest steel maker — run by Lakshmi Mittal, one of Britain’s richest men — last month teamed up with Peabody Energy, the world’s biggest coal producer, to table a conditional $4.7 billion bid (£2.9 billion), but sources close to the situation suggest Anglo could team up with Citic, the investment arm of the Chinese state and Macarthur’s biggest shareholder with a 22% stake, to launch a rival bid.
| ArcelorMittal slashes earnings guidance | 26-Oct-2010 | ShareCast |
| Currency | US Dollars |
| Share Price | $ 14.30 |
| Change Today | $ 0.01 |
| % Change | 0.07 % |
| 52 Week High | $35.27 |
| 52 Week Low | $14.13 |
| Volume | 3,459,078 |
| Shares Issued | 1,548.95m |
| Market Cap | $22,150m |
| Beta | 2.36 |
| RiskGrade | 218 |
| Time | Volume / Share Price |
| 16:16 | 35,535 @ $14.30 |
| 16:15 | 300 @ $14.29 |
| 16:15 | 200 @ $14.29 |
| 16:15 | 200 @ $14.29 |
| 16:15 | 100 @ $14.29 |
You are here: research