Thursday, 15 March 2018
Our Essar Steel bid legit;ready to buy out Rewant Ruia:Numetal
MUMBAI: Numetal, an SPV floated by the PE arm of Russian lender VTB Bank and Rewant Ruia, a Ruia family member, has claimed that its bid for Essar Steel has "solid legal backing" and if need be, "the other shareholders will buy out Rewant's" 25 per cent stake in the company.
You can read more here: Our Essar Steel bid legit;ready to buy out Rewant Ruia:Numetal
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