Arcelor-Severstal merger hits a bump
Tensions are brewing over steel giant Arcelor’s conduct in its proposed merger with Russia’s Severstal – and Allen & Overy (A&O) and Skadden Arps Slate Meagher & Flom are both at the heart of the action. Not only are shareholders mounting opposition to Arcelor’s E6.5bn (£4.43bn) share buyback scheme, but they are also voicing discontent […]