Profit

JSW Steel plans to raise $300-500 mn via stake sale

PUBLISHED ON: November 18, 2009 | Duration: 3 min, 00 sec

  
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Nippon Steel Corporation, the second largest steel producer in the world, is looking to buy into JSW Steel Ltd, India's third-largest steelmaker. The deal will provide JSW access to new technology, markets and of course the much needed cash.
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