ArcelorMittal to pay Rs 42,000 crore for Essar Steel takeover: Co tells NCLAT

Global steel major ArcelorMittal Monday told the National Company Law Appellate Tribunal (NCLAT) that it would pay Rs 42,000 crore, including a minimum of guarantee of Rs 2,500 crore as working capital, for acquiring debt-laden Essar Steel under the insolvency process.
Source: International News

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