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Extra Bytes: ArcelorMittal to acquire Essar Steel

SC clears the path for ArcelorMittal to acquire bankrupt Essar Steel Approx Read Time: 9 minutes In News: (ArcelorMittal to acquire Essar Steel) The Supreme Court has accepted ArcelorMittal’s offer to pay an aggregate ₹42,000 crore as an upfront amount to the secured financial creditors of bankrupt Essar Steel. This paves the way for Arcelor …

Read moreExtra Bytes: ArcelorMittal to acquire Essar Steel