ArcelorMittal, Nunavut Iron Take Up 90% Stake In Baffinland
February 07, 2011 at 08:32 AM EST
PARIS -(Dow Jones)- Global steel giant ArcelorMittal (MT) and Canada's Nunavut Iron Ore Acquisition Inc. said Monday they increased the shares of Baffinland Iron mines Corporation through their outstanding tender offer and now hold about 90% of Baffinland.