Word: dolle
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...Little Miss Sunshine's Abigail Breslin carried a Curious George doll...
...grammar problem," while President Jacques Chirac searched for ways to stop the takeover. One former French Prime Minister, Michel Rocard, wrote an angry screed entitled "Europe Should Say No," that advocated the introduction of a blanket ban on acquisitions by non-Europeans. At Arcelor itself, chief executive Guy Dollé slammed Mittal Steel as "a company of Indians" that was offering "monkey money" for his firm, which he described as "perfume" compared to the "eau de cologne" of his rival...
...taking on the European political and business élite - and winning - Mittal demonstrated in a stunningly audacious way just how much the world has changed. Here was an upstart intruder from a country long classed as part of the developing world, scooping up a European gem that Dollé at one point (though perhaps unwisely, given later history) described as the Airbus of steel. And Mittal, assuredly, is but the first of many. Indians, Brazilians, Chinese, Russians and other entrepreneurs from emerging economies are now jostling for assets all over the world as they seek to become global players...
...idea of buying Arcelor. They first discussed the possibility in 2005, while in the midst of acquiring a Ukrainian company, then drilled into the detail of a possible bid last December, during a family skiing holiday in St. Moritz. On Jan. 13, Mittal made an informal approach to Dollé over dinner at his London mansion and, when Dollé gave a noncommittal answer, he took his bid directly to shareholders...
...Mittal proved a smarter tactician than his opponents. Because a formal takeover document needed to be acceptable to regulators in five different countries, it took four months to put the paperwork together. That allowed Arcelor time to rally shareholders in its defense. But then Dollé made an egregious error: he arranged for a Russian oligarch, Alexei Mordashov, to take a 30%-plus stake in Arcelor. "The day we received that news, we felt it was over for us," Mittal recalls. "The whole team was disappointed and somber." But when they looked at the Russian deal more closely, Mittal...