CEO of Arcelor Mittal, Lakshmi Mittal, is considering relocating from the UK following recent tax changes that eliminate long-term advantages for non-domiciled residents. Mittal, residing in the UK for nearly 30 years, could become one of the highest-profile entrepreneurs to relocate as a consequence of these reforms. Having lived in the UK for almost three […]
ArcelorMittal, Europe’s largest steelmaker, has filed a lawsuit against Liberty Steel East Europe in the English High Court, petitioning for administration due to Liberty’s non-payment of €140 million in deferred compensation related to a 2019 asset acquisition. According to reports ArcelorMittal sold several assets to Liberty in 2019 including the Ostrava plant in the Czech […]