Indian billionaire Lakshmi Mittal nears $610 million sale of South African steelmaker
South Africa's state development lender will pay R3 billion in cash and take on R7 billion of debt to control ArcelorMittal South Africa.
Lakshmi Mittal
Indian billionaire Lakshmi Mittal buys a South African cricket team and two others for $1.65 billion
India's competition regulator approved Lakshmi Mittal and Adar Poonawalla's $1.65 billion purchase of Rajasthan, Paarl and Barbados Royals.
Lakshmi Mittal reopens South Africa exit talks as state lender weighs takeover of ArcelorMittal unit
Lakshmi Mittal has reopened talks with South Africa’s IDC on a potential takeover of ArcelorMittal’s local steel unit after earlier talks collapsed.