Saturday, February 04, 2006

WSJ interview with Lakshmi Mittal

Who? He built Mittal into the world's biggest steel company. Amassed the third-largest fortune of any man. Currently honchoing a takeover of Arcelor.
A takeover of Arcelor would take Mr. Mittal a long way toward realizing his vision of a dominant global steelmaker in an industry for decades characterized, and brought low, by fragmentation. To pull it off, Mr. Mittal needs to break an Old World taboo against takeovers, hostile or otherwise, involving a company dear to Continental protectionists' heart. That this task falls to a man born in Rajasthan, and raised in Calcutta, is one of the more delicious gifts of globalization.
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