ArcelorMittals Essar bid delays planned JV with SAIL -official.
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The following news item appeared in the international steel industry press.

Title: ArcelorMittals Essar bid delays planned JV with SAIL -official
Date: Wed, 23 Jan 2019 00:00:00 GMT

Report: ArcelorMittal has been engaged in a drawn out attempt to acquire Essar Steel since 2017. Its 420 billion rupees ($5.9 billion) bid for the bankrupt Indian steelmaker has been mired in legal wrangling for
Keywords: sail, jv, bid, india, arcelormittal, essar

Source: The Economic Times, Haryana, India.
Press release: see full report.

Related: For further information on ArcelorMittal see history of ArcelorMittal or check our the latest ArcelorMittal news. For further information related to Essar Steel, see our South Asia steel sector news page. For further information related to the Indian steel sector see our South Asia steel sector news page.