You might look upon him as an underdog ( never mind that he’s the world’s fourth richest man) Or you might (as much of the European establishment did) see him as the noveau riche, pesky Indian, getting above his station in life . With a peskier son by his side . But whichever way you look at it , L N Mittal’s 5 month long battle, for the crown jewel of the European steel empire , is a tale worth trawling through ( Cold Steel by journalist Tim Bonquet and communications consultant Byron Ousey, pub Little Brown UKP 20). Its racy ; and with its bizarre twists and turns, its code names, its moles and it’s multiple locations, more thriller than business book.
It’s a battle of billionaires that began with Mittals’s bid to buy Arcelor ( code named Operation Olympus) . A bid that also made the Indian born entrepreneur into the barbarian at the gate ( he was ok as long as he kept buying rust bucket plants in Uzbekistan and Mexico) …..
Continue reading “Sonya’s book list : L N Mittal vs Arcelor, Who’s side are you on ?”