DSIJ Mindshare

JSW Steel inches closer to acquiring Bhushan Power

DSIJ Intelligence 0 841 Article rating: 5.0
The letter was sent late on Tuesday, JSW Steel has to review the approved resolution plan sent along with the letter before accepting the offer. With this development, JSW Steel is closer to acquiring Bhushan Power, provided there is no arbitrary insertion of clauses by the IRP or the stressed company’s Committee of Creditors (CoC).
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