ArcelorMittal said Tuesday its offer for the debt-laden Essar Steel is the most compelling one and asserted that there is no connection between ArcelorMittal's eligibility and the businesses of LN Mittal's brothers.
Aditya Mittal has said he is working "very closely" with his father to shape up the future direction of ArcelorMittal and looking for strategic global opportunities.
ArcelorMittal is evaluating opportunities that complement its existing business and asset base, Chairman Lakshmi N Mittal has said.
ArcelorMittal, last week, had said that "a swift decision" on the case will be in the best interest of all stakeholders.
Shareholders of ArcellorMittal re-elected founder Lakshmi N Mittal along with two others to its board for the next 3 years.