Profit

Essar Group opts out of race for Australian coal miner

PUBLISHED ON: October 20, 2009 | Duration: 2 min, 39 sec

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The bidding war between the Ruias of Essar and Navin Jindal's JSPL over the Australian coal mines of Rocklands Richfield has taken a new twist. Essar has now decided to pull out of the race as it had jumped in the fray after the Jindals.
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