Ispat to Form World's Largest Steel Company
October 26, 2004
Ispat International N.V. (Rotterdam, The Netherlands) agreed to acquire LNM Holdings N.V. Following completion of this transaction, the company will be renamed Mittal Steel Company N.V. Simultaneously, Ispat International and International Steel Group (ISG) Inc. announced that their Board of Directors have unanimously approved a definite agreement under which Ispat International and ISG will merge. The combined Mittal Steel will be the largest and among the most profitable steel companies in the world. For more information on the merger, visit www.ispat.com.