The UK firm will then launch a mandatory offer for a further 26% stake in the Indian group.

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In August, ThaiBev upped its stake in dominant APB holder Fraser and Neave to 29%, a 30% threshold triggers a mandatory offer for the entire company.

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This is to prevent the circumvention of takeover law, such as that requiring a mandatory cash offer once a bidder exceeds a 30% threshold.

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It increased its stake in Antonveneta to 29.5%, just below the trigger set by Italian law for a mandatory cash offer for the rest of the shares.

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And to create the holding company they will need an exemption from having to make a mandatory tender offer for all shares from France's Financial Markets Authority (AMF).

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Mordashov, perhaps mindful of the cool reception given in May to the Severstal merger by Arcelor's rebel shareholders, also confirmed his intention not to increase his shareholding in Arcelor above 33.3%, without making a mandatory tender offer to all shareholders--in accordance with Luxembourg law.

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Mullin makes his case for mandatory LEIs, suggesting regulators offer a transition timetable to those who would need to adapt their systems.

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While the Senate passed a bill in March in a bipartisan 72-24 vote, the House has only a shell bill to offer, plus its "non-negotiable" insistence on mandatory approval of Keystone XL. The Senate majority has its own bazooka: a presidential veto if Keystone XL is in the bill.

CNN: STORY HIGHLIGHTS

The best mobile management platforms also offer control over games and apps, with the ability to push out mandatory corporate apps, restrict the use of designated categories of apps, and tailor policies for apps based on organizational groups or job functions.

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