Bibliography: Arcelor Mittal. (2007 September 10). Datamonitor Company Profile. Retrieved March 5‚ 2008 from http://www.datamonitor.com/ Barnes‚ Frank C Foust‚ Dean. (2005‚ April 4). Nucor: Soaring On Wings Of Steel. Business Week. Retrieved March 8‚ 2008‚ from http://www
Premium Steel
Question 1: BRIC economies – a critical overview Part 1: New emerging markets and BRIC. Over the last decade there have been significant changes to the world economy and the way once traditional Multinational corporations do business. This has been primarily due to the rise of new markets‚ particularly the BRIC economies. “The greatest effect of globalization is the shifting of the world ’s wealth centers. Former developing countries are rapidly becoming richer through their use of
Premium Emerging markets Developed country Country classifications
Mergers and Acquisition Reasons 1. Growth 2. Synergy NAV = PVab – ( PVa + PVb ) – P – E 3. Managerial efficiency 4. Market entry 5. Diversification 6. Tax shields 7. Strategic Some unstated reasons for acquisitions: 1. Megalomania 2. Hubris spirit Forms of Business Combinations 1. Consolidation: result: a new firm e.g. Sandoz + Ciba Geigy = Novartis 2. Merger: result: only one survive e.g. HDFC BK + TIMES BK = HDFC 3. Takeovers: control over mgmt thru substantial portion of its equity. e.g
Premium Takeover Mergers and acquisitions Stock
Project TATA CORUS MERGER A report submitted to ISB&M‚ Delhi Campus as a part fulfillment of Full time Postgraduate Program in Business Management. Abhishek Kumar ENR NO.: 1101 Batch: 2005-2007 E-mail: abhi.k.chaudhary@gmail.com International School of Business & Media‚ Delhi 7th Floor‚ Aggarwal Millennium Tower Netaji Subhash Place‚ Wazirpur District Centre‚ Pitampura‚ Delhi 110 034 Index |Serial No. |Topic
Premium Steel Corus Group Steelmaking
decided to set up Mittal Champions Trust with US$9 million to support 10 Indian athletes with world-beating potential.In 2008 Mittal awarded Abhinav Bindra with Rs. 1.5 Crore‚ for getting India its first individual Olympic gold medal in shooting. Arcelor Mittal Company Profile - ArcelorMittal is the world’s number one steel company‚ present in more than 60 countries. It has led the consolidation of the world steel industry and today ranks as the only truly global steelmaker. ArcelorMittal is the
Premium Steel
about 60 countries. Lakshmi Mittal‚ the Indian founder of the family company Mittal Steel (formally LNM Group)‚ has formed an impressive concern‚ with a steady focus on expansion and development. The most important acquisition was the merge with Arcelor‚ especially for the presence on the European Market. According to this merge we figured out specifically Human Resource Management and Environment. 2.1 Definition of a multinational company “A corporation which maintains assets and/or operations
Premium Mittal Steel Company Environment Natural environment
The World’s Surprising Economic Superpower The annual Fortune 500 rankings have become an iconic measure of corporate influence in the U.S. business world. But just as major league baseball’s World Series stacks the deck in favor of U.S. baseball teams‚ the Fortune 500 is limited to U.S. companies. And just as the United States failed to end up at the top in this year’s (genuinely global) World Baseball Classic‚ the relative position of U.S. companies changes once you step onto the global playing
Premium Fortune Global 500 Russia United States
U.S. Steel (USS) is the largest integrated steel producer in North America and the largest in the United States. Headquartered in Pittsburgh‚ Pennsylvania‚ it can produce about 27 million tons annually. The world’s largest steel maker‚ Europe’s Arcelor‚ produces more than 40 million tons annually‚ while South Korea’s POSCO‚ the second largest‚ produces about 30 million tons. In fiscal 2003 U. S. Steel’s total revenue was $9.3 billion. Its third largest customer is the Ford Motor Company‚ an automobile
Premium Steel
order to upgrade production lines and improve technical proficiency‚ Baostell also partnered with key international players who were attracted by China´s rising domestic demand and cost advantages. For example joint ventures with ThyssenKrupp‚ and Arcelor and Nippon Steel. Internationalisation: Baosteel listed its shares on the Shanghai Stock Exchange at the end of 2000 and raised capital to providefor its international expansion. Baosteel cost advantage is heavily dependent on access to high-quality
Premium Stock market Iron ore Globalization
The Indian M & A market is far from mature ; IPOs are a better bet for most industries ‘The only constant is change.’ This adage holds very well in the corporate sector. Yes‚ it is true that Indian market is in nascent stage and from decades‚ the rule followed in the business is to grow or die. Companies that do not grow tend to stagnate and destroy the shareholders fund. The need of the hour is either going for public or opt for some strategic M&A. Going public for a company is changing from
Premium Initial public offering Mergers and acquisitions Stock market