AmrithaPillay
Stories by AmrithaPillay
JSW Steel among seven bidders shortlisted for Tata Steel’s UK assets
Tata Steel Europe on Monday said it had taken forward seven expressions of interest it had received for its entire UK assets to the next stage of the
India: JSPL to divest steel and mining assets, expand power business portfolio
CEO Ravi Uppal described debt-laden JSPL as a “growing business” and said the company was working with urgency to completely divest “certain ass
India: JSW Energy deal to buy JSPL power plant likely today
Talks on a potential deal started earlier this year as Naveen Jindal-led Jindal Steel and Power Ltd (JSPL) sought ways to reduce debt on its books aft
British government ready to buy 25% stake in Tata Steel’s UK assets
British govt willing to offer support worth millions of pounds to potential buyers of the steel maker’s UK assets
Tata Steel reaches out to 190 investors for UK asset sale
Tata Steel also announced the appointment of Standard Chartered Bank as additional adviser to the process.
India: Jaiprakash Associates looks to hire consultants in turnaround bid
Jaiprakash Associates Ltd, the debt-laden infrastructure developer, is looking to hire consultants to restructure and turn around its businesses.
Tata Steel’s plan to sell UK assets won’t reduce debt burden
The Greybull deal is an indicator of the kind of valuations expected from the divestment of other units of Tata Steel UK. It also shows that the asset
Blackstone, JSW Cement among bidders to line up for Lafarge India assets
PE firms Blackstone Group & Carlyle Group, other cement cos JSW Cement, Ramco Cements and Ireland’s CRH Plc., and fnancial investors such as Aion Ca
Tata Steel UK to sell its long products business in Europe to Greybull Capital
Tata Steel UK Ltd has signed an agreement to sell its long products in Europe to family investment office, Greybull Capital.