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                    [Title] => Dutch firm loses interest in National Steel
                    [Summary] => Dutch firm Ispat International NV is no longer interested in acquiring the debt-stricken National Steel Corp. (NSC), Trade and Industry Secretary Manuel Roxas II said yesterday.


Ispat was recently reported to have tendered a $100-million bid for the debt-saddled steel maker.


"Ispat appeared earnest in its desire to acquire NSC, but it never put up the money to back up its offer," Roxas said. The other bidders, Roxas said, "are still probably interested, but have not communicated any change in their position."


                    [DatePublished] => 2001-03-22 00:00:00
                    [ColumnID] => 133272
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HOTTICK INVESMENTS LTD

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                    [ArticleID] => 96493
                    [Title] => Dutch firm loses interest in National Steel
                    [Summary] => Dutch firm Ispat International NV is no longer interested in acquiring the debt-stricken National Steel Corp. (NSC), Trade and Industry Secretary Manuel Roxas II said yesterday.


Ispat was recently reported to have tendered a $100-million bid for the debt-saddled steel maker.


"Ispat appeared earnest in its desire to acquire NSC, but it never put up the money to back up its offer," Roxas said. The other bidders, Roxas said, "are still probably interested, but have not communicated any change in their position."


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Dutch firm loses interest in National Steel

March 22, 2001 - 12:00am

Dutch firm Ispat International NV is no longer interested in acquiring the debt-stricken National Steel Corp. (NSC), Trade and Industry Secretary Manuel Roxas II said yesterday. Ispat was recently reported to have...

Business