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08 Mar
16:22

ArcelorMittal welcomes NCLT decision on Essar Steel

ArcelorMittal tells Kallanish it welcomes last Friday’s decision by the National Company Law Tribunal (NCLT), Ahmedabad. This comes after Indian media reported that NCLT finally approved ArcelorMittal’s bid to acquire Essar Steel. “While we will need to review the full written order once it becomes available, we hope to complete the transaction as soon as possible,” ArcelorMittal said at the time of writing. A confirmation of NCLT’sā€¦
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