Tag: Welspun Maxsteel
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India: JSW Steel to acquire Welspun Maxsteel at INR 10 Billion
JSW Steel closed one of the biggest deals in Indian Steel sector and is to acquire Welspun Maxsteel at INR 10 billion. The latter also has vacant land of approx 480 acres, available for future expansions. JSW has entered into a definitive agreement with Welspun Enterprises, pursuant to which JSW shall acquire the entire equity shares…