Company signs deal with Cevital to acquire Italy’s second-largest steel co for Rs 441crore

"The deal is almost finalised. Most probably by the end of March or beginning of April, it will be final," the source said, adding that the...

The Italian firm is owned by Algerian group Cevital which is looking to find possible solutions for it and submit an industrial plan to Ita...

JSW Steel may offer a financial consideration of USD 100 million (about Rs 639 crore) to Cevital Group to acquire the mill, the source said.

In September, Jindal had told reporters that JSW has offered less than $100 mn for three mills of the insolvent Lucchini and it was in a po...

Lucchini found Cevital's offer more attractive because it foresaw full employment at Piombino, which employs about 2000 people.

Lucchini, Italy's second largest steelmaker, was previously owned by Russia's Severstal but was declared insolvent in 2012 and placed under...

The development, which was reported widely in a section of global media, comes close on heels of JSW Steel’s bid for Italy’s Lucchini and I...

Earlier in the week, Jindal had said JSW Steel was in a "very positive way" looking at acquisition of another Italian steel firm, Ilva.

The deal would not involve taking on any debt from the bankrupt company and would not require fund-raising, Sajjan Jindal said.

50-share Nifty index also slipped below its crucial psychological level of 8050, weighed down by losses in banks, capital goods, IT, metal ...

Indian markets are expected to trade in a range. Here is a list of twelve stocks which are likely to be in focus today.

Sajjan Jindal-owned JSW Steel is in the final stages of negotiations to buy 'part' of bankrupt Italian steelmaker Lucchini.

Ilva is amongst the largest steel plants in Europe. However, it has been blamed to have raised serious health concerns in the region by flo...

Sajjan Jindal-owned JSW Steel is leading the race for acquiring Italian steelmaker Lucchini as his brother Naveen's Jindal Steel and Power ...

JSPL has been in the news recently with the company commissioning a number of new projects both within the country and abroad during Q4.

OAO Severstal, Russia's largest steelmaker, is planning to sell one of its units in Italy and has reportedly approached Tata Steel and Arce...