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Tribunal Rejects Plea Against ArcelorMittal's Bid For Essar Steel

ArcelorMittal has been trying to enter India's steel market, which is dominated by local companies
ArcelorMittal has been trying to enter India's steel market, which is dominated by local companies
A court on Thursday rejected a petition challenging ArcelorMittal SA's proposed takeover of debt-ridden Essar Steel, removing a hurdle in billionaire Lakshmi Mittal's entry into the country's fast-growing steel market.
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