Free Press Journal
  • ArcelorMittal gets CCI nod for Essar Steel acquisition

    New Delhi : The Competition Commission has approved the acquisition of debt-ridden Essar Steel by a consortium of ArcelorMittal and Japan’s Nippon Steel & Sumitomo Metal Corporation.

  • ArcelorMittal sweetens Essar bid to Rs 42K-cr

    Mumbai : Steel giant ArcelorMittal on Monday offered Rs 42,000 crore to acquire Essar Steel, upstaging a Rs 37,000 crore bid by Russia’s VTB Group-backed Numetal, sources with direct knowledge of the development said.