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23 Aug
17:11

Tata Steel could seek Essar Steel acquisition: reports

Tata Steel could make a bid to acquire the assets of Essar Steel, which was directed into insolvency proceedings by the Reserve Bank of India (RBI) in June, according to Indian business news channel ET Now. “Tata Steel is amongst numerous suitors which have reached out to the insolvency resolution professional appointed by [… the State Bank of India], namely Alvarez & Marsal, and expressed preliminary interest in Essar Steel and its assets,&rdqu…
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