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he added that arcelors directors are defending

Arcelor parks Dofasco in Dutch foundation A takeover battle involving the world's two largest steel producers has taken a novel twist and left Canada's Dofasco Inc. in replica louis vuitton bags the hands of a foundation based in the Netherlands. The battle involves Mittal Steel Co. 2 producer. Dofasco has become a pawn in the battle ever since it was acquired by Arcelor in March for $5.5 billion (Canadian). 1:1 replica handbags Arcelor considers the Hamilton based company a key asset and a lucrative inroad into the North American automotive steel market, where Dofasco has about a 10 per cent market share. The two companies have also developed a unique steel technology called Extragal. Story continues below advertisement To help pay for the takeover, London based Mittal has said that if its offer for Arcelor succeeds, it will sell Dofasco to Germany's ThyssenKrupp AG, which lost cheap louis vuitton bags from china uk the bidding war for Dofasco. Arcelor has made it cl