JSW Steel Limited (BSE:500228) is in talks with Bhushan Steel Limited (BSE:500055) to acquire its Odisha unit for $3 billion. Sources privy to the development said that JSW Steel is in discussions with lenders of Bhushan for acquiring the controlling stake in the Odisha unit through the strategic debt-restructuring route.
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07-10 | JSW Steel Sees Slight Drop in Fiscal Q1 Consolidated Crude Steel Output | MT |
07-09 | JSW Steel Limited Reports Consolidated Production Results for the First Quarter of Fiscal Year 2025 | CI |
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