Friday, 16 February 2018

Tatas seen edging out JSW in race for Bhushan Steel

MUMBAI: Tata Steel trumped JSW with an aggressive allcash bid for 5 million tonne Bhushan Steel and Power, one of the largest non-performing assets in the Indian banking system, said people with knowledge of the matter. It has offered an upfront cash payment of Rs 35,200 crore and 12.

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via Tatas seen edging out JSW in race for Bhushan Steel

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