Epic Research Update : JSW Steel

JSW Steel is in talks to buy Bhushan Steel’s Odisha steel unit and is also looking at buying out promoters’ stake in Bhushan invested company, Orissa Sponge. Total enterprise value for the deal is being worked out at Rs 30,000 crores.



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JSW Steel is in talks to buy Bhushan Steel’s Odisha steel unit and is also looking at buying out promoters’ stake in Bhushan invested company, Orissa Sponge. Total enterprise value for the deal is being worked out at Rs 30,000 crores.

Posted in: Indian Market Tips