Tag: Uttam Galva

ArcelorMittal submits a fresh proposal for acquisition of Essar Steel

ArcelorMittal has confirmed through a press release that on 10th September 2018, it submitted a revised proposal to Essar Steel India Limited’s (ESIL) Committee of Creditors for the acquisition of ESIL. They also confirmed that the media reports speculating on the financial value of the revised offer are broadly accurate. The revised offer, which also…