Arcelor Sa and Corus Group Plc: A Report on the Acquisition by Arcelor Sa of Corus Group Plc's UK Ahot Rolled Steel Sheet Piling Business.

 
9780117027275: Arcelor Sa and Corus Group Plc: A Report on the Acquisition by Arcelor Sa of Corus Group Plc's UK Ahot Rolled Steel Sheet Piling Business.

Steel sheet piling is used mainly in the construction industry to create a retaining structure acting as a barrier or retaining wall, either on land or in river, canal or coastal building works. The Commission's report examines the acquisition by Arcelor, of part of the UK hot rolled steel sheet piling (HRSSP) business of Corus Group plc. Arcelor was the world's largest steel producer in 2003, created by the merger of three European companies. Corus was the world's seventh largest steel producer in 2003, created by the merger of British Steel and a Dutch steel producer. The Commission concluded that the key event in the reduction in competition in the HRSSP sector would have been the closure of Corus's business, which would have happened without the merger, rather than the merger itself. Given this, the Commission (by a majority of four to one) finds that the acquisition should be allowed as it is not expected to result in a substantial lessening of competition.

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Freeman, Peter
Published by The Stationery Office, London (2005)
ISBN 10: 0117027278 ISBN 13: 9780117027275
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Book Description The Stationery Office, London, 2005. paperback. Book Condition: Very Good. Dust Jacket Condition: No Dust Jacket. competition commission report. Ex-Library. Bookseller Inventory # 046510

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