Letter to Santa from Mittal

Bloomberg.com: ArcelorMittal says Rio Tinto’s IOC unit would be `natural fit’

Dear EU antitrust commission and Santa,

Rio and BHP are going to be very bad this year; you must punish them. So to keep it short, all I want this year is a railroad and a mine, in particular the Iron Ore Company of Canada. Can you please put that on the short-list of assets to divest if the BHP-Rio Tinto merger happens? I know I have been naughty this year, but I promise to be nice if you deliver me this operation.

Merry Xmas in the summer,

Mittal

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Filed under BHP, Iron Ore, Mittal, Rio Tinto

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