arcelormittal
‘New offer by Essar Steel promoters not maintainable’
Banks and other creditors have total debt exposure of close to Rs 49,000 crore in the company.
GAIL move NCLT seeking rejection of ArcelorMittal bid for Essar Steel
Operational creditors, under the plan, are to get just Rs 214 crore against the outstanding of Rs 4,976 crore.
ArcelorMittal Q3 net income declines 25 pc to USD 0.9 billion
The company's gross debt was at USS 13.0 billion as of September 30, 2018.
ArcelorMittal wins bids to buyout Essar Steel
ArcelorMittal has been chosen by lenders to takeover debt-laden Essar Steel for about Rs 42,000 crore.
Ruias offer Rs 54,389 crore to retain Essar; ArcelorMittal opposes
The fresh offer for settlement by Essar Steel has been made under Section 12A of the IBC.
ArcelorMittal signs pact to sell 4 European steel plants to Liberty House
The acquisition more than doubles Liberty's global metal manufacturing capacity.
SC grants one more opportunity to ArcelorMittal, NuMetal to bid for Essar Steel
Top court asked Committee of Creditors to take a decision within 8 weeks on rival bids of NuMetal and ArcelorMittal for Essar Steel.
CCI approves ArcelorMittal's acquisition of Essar Steel
The acquisition of Essar Steel is proposed to be undertaken through multiple steps.
ArcelorMittal assails NCLAT order in SC, reluctant to pay Rs 7,000 cr
NCLAT had asked ArcelorMittal to clear the stigma of defaulter by clearing the dues of its then subsidiaries.
SC to hear tomorrow plea of ArcelorMittal against NCLAT order on Essar auction
Anil Aggrawal's Vedanta is a third qualified bidder for Essar Steel.