voda schreef op 24 oktober 2017 14:36:
Bhushan Steel up by over 15% as ArcelorMittal looks forward for acquisitionPublished on Tue, 24 Oct 2017
Shares of Bhushan Steel spiked by over 15% as ArcelorMittal issued a letter of interest to acquire it. Media reports that ArcelorMittal, the global steel giant, has exhibited interest in taking over Bhushan Steel. ArcelorMittal, headed by the billionaire Lakshmi Mittal, had issued an expression of Interest (EoI) for Bhushan Steel.
Following the news built up, the stock of the company rose by over 15% in the early trading hours of Monday.
Source : India infoline