Ad Hoc Releases, 2006-01-27, 12:09 PM
ThyssenKrupp signs agreement with Mittal Steel on Dofasco
The Executive Board of ThyssenKrupp AG announces that ThyssenKrupp has signed an agreement with Mittal Steel Company Ltd. Under this agreement, Mittal Steel offers ThyssenKrupp AG the opportunity to acquire Dofasco in the event of a takeover of Arcelor. This applies in the event that Arcelor's takeover bid for Dofasco is concluded successfully.
ThyssenKrupp has undertaken to acquire up to 100 percent of the shares in Dofasco at a price of C$68 per share. This price corresponds to ThyssenKrupp's final offer to Dofasco's shareholders.