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Arcelor hikes dividend payout

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  • Published On: April 04, 2006
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The Arcelor takeover battle keeps taking new turns and twists with both steel majors trying hard to get shareholders on their side. Arcelor has raised its dividend payout to 1.8 euros per share from the current 1.2 euros. In response to the world's second largest steel maker's move, Laxmi Mittal has promised to match the dividend offer.
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