Tag: JSPL sells stakes

  • JSPL to sell stake at its Oman arm

    JSPL to sell stake at its Oman arm

    Jindal Steel & Power Limited (JSPL) is set to sell its stake at its Oman subsidiary, Jindal Shadeed Iron and Steel Co LLC. In a press brief, the company mentioned that it is divesting its entire stake for an enterprise valuation of over $1 bn. The sale aims to “bring down JSPL’s debts” and free…