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Steel Industry France

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BUSINESS
June 1, 1995 | Times Staff and Wire Reports
France Launches Sale of Steelmaker: The country's new conservative government, unveiling its first privatization since taking office last month, said it plans to sell Europe's largest steelmaker, Usinor-Sacilor, before summer. The announcement coincided with fierce protests from public-sector unions angry over plans to press ahead--and if possible step up--the previous government's privatization effort. Industry analysts say Usinor is worth between $4.1 billion and $4.5 billion.
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BUSINESS
February 19, 2001 | Bloomberg News
Luxembourg's Arbed, France's Usinor and Aceralia of Spain appeared poised to announce today a three-way merger to create the world's biggest steel firm. A Usinor spokesman said the companies had scheduled a news conference this morning. A combined company would have about $27 billion a year in sales. Arbed, Usinor and Aceralia announced Friday that they were in talks that could lead to a combination of all their activities.
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BUSINESS
February 19, 2001 | Bloomberg News
Luxembourg's Arbed, France's Usinor and Aceralia of Spain appeared poised to announce today a three-way merger to create the world's biggest steel firm. A Usinor spokesman said the companies had scheduled a news conference this morning. A combined company would have about $27 billion a year in sales. Arbed, Usinor and Aceralia announced Friday that they were in talks that could lead to a combination of all their activities.
BUSINESS
June 1, 1995 | Times Staff and Wire Reports
France Launches Sale of Steelmaker: The country's new conservative government, unveiling its first privatization since taking office last month, said it plans to sell Europe's largest steelmaker, Usinor-Sacilor, before summer. The announcement coincided with fierce protests from public-sector unions angry over plans to press ahead--and if possible step up--the previous government's privatization effort. Industry analysts say Usinor is worth between $4.1 billion and $4.5 billion.
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