essar steel
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.
Essar leads corporate deleveraging; pays off Rs 1.4 lakh crore: Prashant Ruia
I think we were the first to get off the block and actually take some decisive steps to reducing leverage, said Essar's Prashant Ruia.
Supreme Court orders status quo in Essar insolvency case
Essar Steel was auctioned under the new IBC to recover Rs 54,547 crore of unpaid dues of financial lenders.
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.
NCLAT reserves order on ArcelorMittal takeover of Essar Steel
Essar Steel has reported an Ebitda of around Rs 4,000 crore during the over 600 days of insolvency period.
ArcelorMittal to pay Rs 42K cr for Essar Steel takeover: Co tells NCLAT
Senior advocate Harish Salve appearing for ArcelorMittal accused Ruias of creating hurdles in Essar Steel resolution process.
Essar Steel reports Rs 4,229 crore EBITDA during insolvency period
The Committee of Creditors (CoC) had voted in favour of Rs 42,000 crore take over plan of the global steel major ArcelorMittal.