Merger of Mittal Steel & Arcelor Steel Case Study

Merger of Mittal Steel & Arcelor Steel - Case Study fountThe major highlights of the transaction were, joint administproportionn team for successful combination and deliverance of synergies, a fusion of the two biggest steel companies in the world without any global rivalry, around 1.3bn (US$1.6bn) of annual synergies, the definite manufacture leader with extraordinary scale and diversification to manage recur ability, steady earnings and increase shareowner returns, appealing terms for all shareholders and a choice of clear investment with major re-rating prospective.The financial insurance undertaken for maintaining shareholder value creation was to maintain a competent principal structure and to return the scanty cash to shareholders, to sustain high returns on the capital, dedicated to investment grade credit ranking, a payout ratio of 30% dividend and unmatched financial flexibility to follow internal and external growth prospects.The vision of ArcelorMittal is to get ahea d consolidation in a split industry, ability to provide worldwide customers with extensive and deep harvest-festival contribution, leading in all technolo