ArcelorMittal, Nunavut Iron Hold 65% Of Baffinland Shares
February 01, 2011 at 08:28 AM EST
PARIS -(Dow Jones)- )--European steel giant ArcelorMittal (MT) and Nunavut Iron Ore Acquisition Inc said Tuesday they now hold 65% of the common shares of Baffinland Iron Mines Corp. (BIM.T) after taking up an additional 4,773,400 shares of Baffinland in a public tender offer.