Arcelor Mittal Submits Revised Bid with an Increased Offer to Acquire Debt Laden Essar Steel
Mining News Pro - Arcelor Mittal, world’s largest steelmaker is leaving no stone unturned to acquire bankrupt Essar Steel as it has offered INR 42,000 crore to repay the creditors of Essar Steel under the insolvency and bankruptcy process, as informed by the market sources. This offer is higher than its previous offer of INR 30,000 crore.
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