Cold Steel

Corporate takeovers can be as punishing as a heavyweight fight, and Cold Steel chronicles one of the most contentious ever. The high-stakes story reads like a gripping novel, with a rags-to-riches success story, international intrigue, astronomical volumes of money, and electrifying plot twists. With billions in cash and hundreds of thousands of jobs at stake, Arcelor owner Guy Dolle, a cocksure Frenchman accustomed to succeeding in a tough industry and aided by the Luxembourg government, attempted to take over Mittal Steel from rags-to-riches billionaire Lakshmi Mittal, the fifth richest man in the world. The resulting conflict — an epic corporate battle that sent shockwaves through the political corridors of Europe, strained the world's financial markets, enriched 30 hedge funds, and permanently transformed the global steel industry — is meticulously detailed in Cold Steel , the riveting story of dueling titans of the business world.