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MONNET GROUP
Final call on JSW-AION bid for Monnet Ispat likely in fortnightThe resolution plan submitted jointly by JSW Steel and AION Capital was the only offer that Monnet Ispat and Energy received by December 23...- Bankruptcy proceedings: JSW Steel offers Rs 3,700 cr for Monnet IspatJSW is a bidder in the resolution proceedings of Monnet Ispat, which owes more than Rs 10,000 crore to its lenders.
- Alvarez & Marsal appointed admin for Essar ProjectsEssar Projects and Monnet Power, both privately held, together owe more than Rs 6,000 crore.
- Look! Who is showing interest in Monnet IspatUS-based TPG, Blackstone, and Singapore-based SSG Capital are believed to be among the likely bidders that have sent formal expressions of ...
- Bhushan Steel rallies on plans to acquire Orissa Sponge IronBhushan Steel Ltd rallied over 10% in trade on Tuesday, after the company said that it is in advance discussions with OSISL.
- Monnet Ispat in talks to sell part of power armMonnet Ispat & Energy is in preliminary talks with potential buyers for selling partial stake in its power business, Monnet Power Company.
- Monnet Ispat surges nearly 13% on likely stake sale by promotersMonnet Ispat surged as much as 13% on reports that Adani Group and Sajjan Jindal-owned JSW Group are looking to buy a majority stake.
- Adani, JSW vie for majority stake in Monnet PowerThe deal, likely to be sealed in April, will help the promoters reduce debt of Monnet Ispat, which stood at Rs 10,000 crore as on March 31,...
- NTPC accuses JSPL, Monnet, SEML of occupying its blocksThe private firms, on their part, stress that they have rightfully acquired the land in question with all due clearances.
- Bhushan Steel, Monnet Ispat revive takeover bids to acquire Orissa SpongeTwo Delhi-based steelmakers - Bhushan Steel & Power and Monnet Ispat & Energy - have indicated their intention to acquire up to 20% in Oris...
- Blackstone buys 7% stake in Monnet Ispat for $50 mnUS-based Blackstone Group has acquired 7.12% equity in Monnet Ispat & Energy for $50 million (about Rs 230 crore).
- Monnet Power secures fund for 1,050 MW project in OrissaMonnet Power, a subsidiary of steel-maker Monnet Ispat today said it has tied up funds for its 1,050 MW power project at Angul in Orissa.
- Monnet Ispat jumps over 18% on stake sale, hits year-highMonnet Ispat today soared over 18 per cent to touch an all-year high on the BSE, a day after it sold a 12.5 per cent stake in its arm, Monn...
- Monnet Ispat surges 13 pc to one-month high on stake saleMonnet Ispat today jumped over 13 per cent in early trade on BSE to a one-month high, a day after US-based Blackstone Group bought a 12.5 p...
- Blackstone buys 12.5 pc stake in Monnet Power Co for Rs 275-crGlobal buyout major, Blackstone Group, has bought a 12.5 per cent stake in power producer Monnet Power Company (MPCL) for Rs 275-crore.
- Bhushan's Orissa Sponge open offer yet to get SEBI nodNeeraj Singal-led Bhushan Group’s open offer for Bhubaneswar-based Orissa Sponge Iron and Steel has got delayed as market regulator SEBI is...
- Orissa Sponge open offers face delayOpen offers made by the three contenders for Orissa Sponge Iron & Steel - Neeraj Singal of Bhushan Steel, Sanjay Singal of Bhushan Power & ...
- Orissa Sponge takeover battle intensifiesThe various parties involved in the corporate battle trading charges of violation of takeover norms on each other and on the promoters of O...
- Orissa Sponge Iron to coopt Monnet Ispat as strategic partnerEven as the three-way takeover battle for control of Orissa Sponge Iron is hotting up, the board of directors of Orissa Sponge on Saturday ...
- Bhushan Power & Steel may hike his offer price in Orissa SpongeBhushan Power & Steel promoter Sanjay Singhal, who earlier announced an open offer to acquire 26% stake in Orissa Sponge, is planning to hi...
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