on our left: richest indian on earth (afta me)... and oporpopor of biggest STEEL GIANT.
on our right: a dubious businessman of russian origin.
prize : ARCELOR , luxemburg the 2nd biggest steel corporate.
blows afta blows: Mittal’s original offer of 18.6 billion euros
ups the ante with 25.8 billion euros.
parapharnalia : govt. meetings and what not.. british indian french .. and half of the bloody europe.
the opponent : no one has heard till now of any moves.
the mood : no one wants the hedgemony of one kingpin in the STEEL INDUSTRY in whole world.
THE RESULT : ARCELOR GOes in bed wth the russian with the blessings of Vladimir Putin.
what that means for poor shareholders: they are goona have less say and arcelor handed its fotune to the will of a wary russian... instead of the more open, candid and better concern for the labor and shareholders, offered by mittal.
THE MORAL OF THE STORY : If u wanna avoid the hangman's noose .... SHOOT URSELF.
Labels: Business
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