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Cold Steel: Lakshmi Mittal and the Multi-Billion-Dollar Battle for a Global Empire
 
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Cold Steel: Lakshmi Mittal and the Multi-Billion-Dollar Battle for a Global Empire [Paperback]

Tim Bouquet , Byron Ousey
4.2 out of 5 stars  See all reviews (4 customer reviews)
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Product details

  • Paperback: 368 pages
  • Publisher: Abacus (23 April 2009)
  • Language English
  • ISBN-10: 0349120978
  • ISBN-13: 978-0349120973
  • Product Dimensions: 19.6 x 12.6 x 2.6 cm
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (4 customer reviews)
  • Amazon Bestsellers Rank: 177,996 in Books (See Top 100 in Books)

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Tim Bouquet
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Product Description

Review

Tim Bouquet was the first British journalist to write a major profile of Mittal, while Byron Ousey was a PR adviser to the Luxembourg government, one of Arcelor's biggest shareholders. Together they are admirably qualified to guide us through the myriad twists and turns of this compelling business saga and have produced an enormously entertaining read. (Christopher Silvester, Daily Express )

Tim Bouquet and Byron Ousey have written an account of the takeover in the style of a thriller. Cold Steel describes the often brutal and chaotic five-month battle between Mittal and Arcelor. The combatants are described as though starring in a fictional (Bob Jones, Management Today )

'A rare, insider's account of lots of people making millions... The book reads like a thriller, with each side trying to rope in other steel companies on both sides of the Atlantic as allies... As this book shows, money and business logic prevailed in the end over politics and protection. (The Economist )

Book Description

A compelling account of the biggest corporate takeovers of recent years, and an insight into the life of Lakshmi Mittal, the UK's richest man

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Customer Reviews

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Most Helpful Customer Reviews
2 of 2 people found the following review helpful
Format:Paperback
Cold Steal offers an amazing insight into the takeover battle around Mittal and Arcelor. Detailed desciptions of behind-closed-doors meetings and backgrounds of a wide range of individuals involved, show a close involvement and scrutinous research by the writers. It's exciting to enter this world of big money and understand how the Mittal family, top-advisors and wellknown European politicians interact. The vivid descriptions provide a fascinating notion of the characters involved like the Mittal family and the Arcelor topmanagement. The insight offered into the relationship of friendship and trust between father and son Mittal is compelling.
It's hard to tell in this book where facts end and fiction begins - certainly private conversations between Lakshmi and Aditya must be the writers' fantasy? But the rich detailed story convinces the reader that this book describes with 99% accuracy how the mega-deal between the steel giants has taken place.

[ASIN:0349120978 Cold Steel: Lakshmi Mittal and the Multi-billion-dollar Battle for a Global Empire]]
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1 of 1 people found the following review helpful
Clash of the titans 27 Feb 2010
By Petrolhead VINE™ VOICE
Format:Paperback
This is a thriller-paced, deeply-sourced account of a great takeover battle, written by two people who were close enough to the action to piece together what will certainly be the definitive account. Cold Steel documents Lakshmi Mittal's ambitious and visionary drive to build a giant steel company, and the dastardly tricks and traps thrown in his path. It's a tale of clashing business ideologies - the Anglo-Saxon drive to maximise shareholder value pitted against the Gallic (and Luxembourger) ideal of jobs and national pride. Things really begin to hot up when each side battles to win over the billionaire investors and magnates who are the key to final victory. While Mittal consorts with Germans, Spaniards and Italians, the Gallic gang reach for help from a nouveau riche Russian steel baron, and you sense they have become so obsessed by stopping Mittal that they're willing to do almost anything to thwart his plans.

I was rather thinking I might learn something about steel from this book. But it's absolutely not about the blast furnace end of the business - it's all about the high finance and low cunning of stakeholders versus shareholders, in a circus orchestrated by investment banks and an army of public relations advisers. Indeed, it's the influence of this horde of spin-doctors that left me with a strong taste of scepticism by the end of the book. History is written by the victors, and this is no exception. Mittal is portrayed as a hero, and his opponents are slightly snivvelling snobs, with bad PR to boot. A great story, but perhaps too great.
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cold steel 6 Sep 2011
By sk
Format:Paperback
This is a story of a truly genius mind.A very inspirational story of a man who is the best in the business and made all indians proud of his acheivements.
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