3 Review(s)

Set in the years leading up to the Global Financial Crisis, Cold Steel: Lakshmi Mittal And The Multi-Billion-Dollar Battle For A Global Empire gives an insight into one of the most powerful and hostile large-scale corporate takeovers of all time. Summary Of The Book Cold Steel: Lakshmi Mittal And The Multi-Billion-Dollar Battle For A Global Empire narrates the story of two behemoth steel companies, Mittal Steel and the Luxembourg based Arcelor. Aditya and Lakshmi Mittal of Mittal Steel envisioned an economic steel industry on a global scale, whereas Guy Dolle of Arcelor had a vision of a globalised steel industry with the prime focus on the high end European markets. This fast-paced and competitive story gives the reader a chance to immerse themselves in the complex world of politics, finance and business and the takeover of Arcelor in the epic corporate battle between two of the world’s largest producers of steel. Dofasco Steel Works, which was already caught up in its takeover battle between ThyssenKrupp and Arcelor, suddenly had a third contender, Mittal Steel. Through rare insights and retellings by significant players involved in this cut-throat battle, the book reads like a thriller, fast-paced and electrifying. The step-by-step account of what went down between these huge names in the span of six months, the offensive and defensive steps taken, and the resultant company of ArcelorMittal is narrated in a crisp manner. Cold Steel: Lakshmi Mittal And The Multi-Billion-Dollar Battle For A Global Empire also mentions the predominant reluctance on the part of the European business community as it comes to terms with India’s ameliorating entrepreneurship. About The Authors Tim Bouquet is a writer, journalist, editor, and broadcaster. In addition to Cold Steel, he has also authored 617: Going To War With Todays Dambusters. He initially forayed into the world of the written word by writing music profiles for The Guardian, and Rolling Stones. Thereafter, he began writing investigative features that have appeared in magazines like Daily Telegraph Magazine, Reader's Digest, and the Time Magazines. Byron Ousey was bang in the middle of the Mittal and Arcelor battle, and advised the government of Luxembourg in the entire course.