Mon, Apr 02, 2018
JSW has joined hands with the Mauritius-based investment vehicle Numetal for placing its bid. Only two players, ArcelorMittal and Numetal, had submitted bids for Essar Steel on February 12 in the first round. Both the bids, however, were rejected by the SBI-led consortium of creditors finding them ineligible under the IBC laws that debar related parties from bidding
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