JSW Steel Update by Epic Research

JSW Steel has entered into a definitive agreement with Welspun Enterprises (WEL), pursuant to which the company shall acquire the entire equity shares held by WEL in Welspun Maxsteel (WMSL) for an enterprise value of Rs 1,000 crore plus net current assets as of an agreed date of August 31, 2014, subject to the relevant regulatory approvals and customary closing conditions. Ernst & Young and Luthra & Luthra carried out financial and legal due diligence respectively for the Company.



Real Time News & Trading Trends Keep Liking #EpicResearch




Facebook – Twitter – YouTube – Pinterest –Linkedin - Google+



For more information ✆ – 0731-6642300 or Visit http://ift.tt/1k8NnLH

Posted in: Indian Market Tips