Friday 23 June 2017
Insolvency proceedings for stressed accounts may lead to consolidation in the steel sector
KOLKATA: Insolvency proceedings for stressed accounts may lead to consolidation in the steel sector. This could prompt stronger steel players with healthy financial profile to bid for these assets at attractive valuations and increase their market share, according to ratings agency, ICRA.
You can read more here: Insolvency proceedings for stressed accounts may lead to consolidation in the steel sector
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