29
Aug
13:34
AMNS India acquires Essar’s strategic infrastructure assets
AMNS India says it has reached a definitive agreement with Essar Group to acquire the latter’s port, power, logistics and infrastructure assets in India for a net value of approximately $2.4 billion. The transaction is expected to be funded solely by AMNS India, Kallanish notes.
“The assets are either captive, including port assets in Gujarat, Andhra Pradesh and Odisha, or allied to AMNS India’s steelmaking, and will strengthen the strategic inte…
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Anonymous
Very good overview of the weekly steel market.
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