The world's biggest steelmaker Arcelor Mittal said on Friday it has received a writ of summons to appear before a Dutch court for legal proceedings initiated by Arcelor shareholders seeking an injunction against the mega merger of both the companies.
"ArcelorMittal announces that it has received a writ of summons on behalf of certain shareholders of Arcelor S A to appear before a judge in summary proceedings of the court o
f Rotterdam on August 22. The claimants are seeking an injunction against the merger of Mittal Steel SA and Arcelor SA," the company said in a statement.
"ArcelorMittal believes there are no grounds to these claims," it said and added that the steelmaker would provide further update in due course.
The Mittal Steel-Arcelor saga