arcelormittal
ArcelorMittal aims to complete Essar Steel acquisition by 2019-end
The Supreme Court on Friday paved the way for ArcelorMittal takeover of Essar Steel for Rs 42,000 crore.
Look forward to close Essar Steel acquisition soon: ArcelorMittal
Essar Steel was auctioned under the new IBC to recover Rs 54,547 cr of unpaid dues of financial lenders and operational creditors.
Supreme Court clears path for ArcelorMittal to acquire Essar Steel
The apex court said operational creditors cannot be treated on par with financial creditors of a bankrupt company.
ArcelorMittal reports USD 0.447 billion net loss for June quarter
The company said its gross debt was at USD 13.8 billion as of June-end this year.
Cayman Island court refuses worldwide freeze on Essar Global Fund
ArcelorMittal did not reply to an email sent for comment.
NCLAT to hear ArcelorMittal's plea on EPC Construction on August 8
The NCLT has rejected ArcelorMittal's plea against bid of Royale Partners Investment Fund for ECIL, formerly Essar Projects India.
ArcelorMittal to cut more than 2,000 jobs, shares drop
The company expected headline results to fall by at least 650 million rand (USD 45.78 million) in the first half of its financial year.
NCLAT rejects Ruia's bid to block ArcelorMittal; approves bid for Essar Steel
Essar Steel was auctioned under the new IBC to recover Rs 54,547 cr of unpaid dues of financial lenders and operational creditors.
NCLAT clears ways for takeover of Essar Steel by ArcelorMittal
Total claims of financial and operational creditors stand revised to Rs 69,192 crore.
EU blocks Thyssenkrupp-Tata steel merger plan
The aim of the merger had been to create the second largest European steel company behind multinational giant ArcelorMittal.