Task: Lakshmi Mittal and the Growth of Mittal Steel. In 2007, a controversal merger between Mittal Steel and Arcelor was completed:
Question 1) What forces drove Mittal Steel to start expanding across national borders?
Question 2) Mittal Steel expanded into different nations through mergers and acquisitions,as opposed to greefield investments Why?
Question 3) What benefits does Mittal bring to the countries that it enters?Are there any drawbacks to a nation when Mittal Steel invests there?
Question 4) What are the benefits to Mittal Steel from entering different nations?
Question 5) The acquisition of Arcelor was very acrim0nious,with many politicians objecting to it.Why do you think they objected?Were their objections reasonable?