Ispat International N.V. and LNM Holdings N.V. / International Steel Group Inc.

OFT closed case: Anticipated Merger of Ispat International N.V. and LNM Holdings N.V. (together to be renamed "Mittal Steel Company N.V.") with International Steel Group Inc.

Affected market: Steel

No. ME/1435/04

On 5 November 2004 Ispat International N.V. and LNM Holdings N.V. (together to be renamed Mittal Steel Company N.V.) informed the Office of Fair Trading that they had entered into an agreement to merge with International Steel Group Inc. (the Anticipated Merger). On the basis of the information available to it, the Office of Fair Trading has decided that the Anticipated Merger does not qualify for investigation under the mergers provisions of the Enterprise Act 2002 (the Act), because neither the UK turnover test nor the share of supply test in section 23 of the Act is met.  A relevant merger situation has, therefore, not been created.

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