ArcelorMittal, Nunavut Iron Hold 63% Of Baffinland Shares
January 31, 2011 at 08:34 AM EST
PARIS -(Dow Jones)- European steel giant ArcelorMittal (MT) and Nunavut Iron Ore Acquisition Inc said Monday they have an aggregate 63% of the common shares of Baffinland Iron Mines Corp. (BIM.T) after taking up an additional 8,410,670 shares of Baffinland in a public tender offer.