Vive Le Canada

Stelco: Russian Takeover--Another Canadian Icon To Be Sold To Foreigners

Posted on Thursday, October 14 at 13:03 by Perturbed
Russians eye Stelco takeover Ambitious and aggressive billionaire covets troubled Canadian steelmaker By ERIC REGULY With a report from Greg Keenan Thursday, October 14, 2004 - Page A1 Russia's largest and most ambitious steelmaker has emerged as a potential buyer of Stelco Inc., the insolvent steel company that has put itself on the auction block. Executives of OAO Severstal have held conversations with top Stelco management and made their takeover intentions clear, industry sources said. Severstal, controlled by Alexei Mordashov, Russia's top steel magnate and one of the world's richest men, has been making foreign acquisitions and recently stated its desire to enter the ranks of the world's top five or six steelmakers........ http://www.theglobeandmail.com/servlet/ArticleNews/TPStory/LAC/20041014/STELCO14/National/Idx

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  1. by Perturbed
    Fri Oct 15, 2004 4:00 pm
    If I submitted this twice by mistake--sorry.

  2. by avatar Dr Caleb
    Fri Oct 15, 2004 4:48 pm
    Hey, no prob. I forgot to change the story date to today so it would appear further up the page. And now, for some reason, I can't edit it :(<p> <p>---<br>"If you must kill a man, it costs you nothing to be polite about it." Winston Churchill <br />

  3. by robert_fisher
    Fri Oct 15, 2004 9:36 pm
    Poor Hamilton.

    If you don't believe the blue collared worker gets the shaft in today's society visit the east end of Hamilton.

    Maybe that's why there is such an NDP following there, because they've finally had enough.


    ---
    "Fight every fight like you can win;
    An iron fisted champion,
    An iron willed f___ up."

  4. by Perturbed
    Fri Oct 15, 2004 9:55 pm
    Not to mention of our innovative companies, just like the Irving shipyard in Fredericton, N.B., closes down due to a lack of protectionism and the neo-liberal ideology. Even the U.S. protects its industries--not us.

  5. by Anonymous
    Sat Oct 16, 2004 12:20 am
    .......are buying up your shit. What a bunch of HOSERS !!!!
    Oh, I forgot, you have "free" healthcare.

    HOSERS !!!!!!!!!!!!!

  6. by Calumny
    Sat Oct 16, 2004 1:14 am
    Yes we do. Maybe your sister should move here and have that...problem...taken care of. Medical costs being what they are elsewhere. Sounds like you could use a little free...care..yourself?

    ---
    "When we are in the middle of the paradigm, it is hard to imagine any other paradigm" (Adam Smith).

  7. by Jim Callaghan
    Sat Oct 16, 2004 2:32 am
    I know a good counselor that could help this poor "hoser" whiner. It's like a, ummm, a "virus."

    Enough with the "anon" stupidity. If you can't contribute, then go away.



    ---
    "Most politicians 'can't hold a job anywhere else...I mean, you're not dealing with top-drawer individuals.'" - Jeff Lyons, Toronto lobbyist.

  8. by Dave Ruston
    Sat Oct 16, 2004 2:04 pm
    Nobody cares about the blue collar worker. See, they didn`t go to university, so, they don`t deserve a good life in this 'knowledge' economy.

    ---
    Dave Ruston

  9. by Mr.Can-Euro
    Sun Oct 17, 2004 4:49 am
    That's it! How do we force the Liberals out of Federal Parliment? And let's teach Liberal voters about protecting Canada and its business by converting them to another party.


    ---
    Alliance Atlantis films proudly presents...

  10. by Anonymous
    Sun Oct 17, 2004 4:56 pm
    "That's it! How do we force the Liberals out of Federal Parliment? And let's teach Liberal voters about protecting Canada and its business by converting them to another party."

    How?..............you grow some BALLSSSSS


    HOSERS !!!!!!!!!! and big 'uns if you can!

  11. by Dave Ruston
    Sun Oct 17, 2004 7:30 pm
    Atleast our elections aren`t fixed, CHAD!

    ---
    Dave Ruston

  12. by glip
    Mon Oct 18, 2004 2:38 am
    Stelco: Unionised and bankrupt
    Dofasco: Non-unionised and in the black

    Many deride the giant corporate guilds of the USA and their backroom shennanigans. I put the unions in the same league, they certainly don't promote hard work and ethics, the things that made this country great in the first place.

  13. by Mr.Can-Euro
    Mon Oct 18, 2004 4:07 am
    Well Anon, I have BALLS but I also know your sister has BALLS too. At least we don't have a war-crazed Emperor for a leader!

    ---
    Alliance Atlantis films proudly presents...

  14. by Anonymous
    Mon Oct 18, 2004 11:58 pm
    "Stelco: Unionised and bankrupt
    Dofasco: Non-unionised and in the black

    Many deride the giant corporate guilds of the USA and their backroom shennanigans. I put the unions in the same league, they certainly don't promote hard work and ethics, the things that made this country great in the first place."

    Somebody here is thinking! Good points.

    The rest of you hosers should do the same.

    So, lockout, no lockout what's the story, eh?



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