Friday, 2 March 2018
ArcelorMittal forms JV with Nippon Steel to acquire Essar Steel
Lakshmi Mittal-led ArcelorMittal has announced a joint venture with Japanese steel major Nippon Steel and Sumitomo Corporation to acquire Essar Steel in India, after its Indian subsidiary ArcelorMittal India Pvt. Ltd submitted a resolution plan on February 12.
You can read more here: ArcelorMittal forms JV with Nippon Steel to acquire Essar Steel
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