NCLT clears Arcelor’s takeover of Essar Steel

ArcelorMittal, in a joint venture with Nippon Steel and Sumitomo Metal, has offered an upfront cash settlement of ` 42,000 crore

B Y TA N YA T HOMAS tanya.t@livemint.com
MUMBAI
News


More than a decade after his first abortive bid, steel baron L.N. Mittal has moved closer to his plans to enter the Indian steel market. The National Company Law Tribunal (NCLT), Ahmedabad, on Friday, 15 February, approved ArcelorMittal’s resolution...

Read latest Mint Asia online.

Online newspapers at PressDisplay.