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Fortune smiles on man of steel.

Oct. 31--When Lakshmi Mitall was an impoverished accountancy student in India during the 1960s, his father Moham, told him: The day you go high profile is the day you begin to fall.

It's advice that Mitall has heeded throughout his professional life, although all that changed shortly after 7 a.m. on Monday night last week.

Documents posted to the Dutch stock exchange in connection with a $17.8 billion (9.6 billion pounds E13.8 billion) merger of his Dutch-registerd business assets, plus the $4.5 billion acquisition of Chicago-based International Steel Group,

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