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STEMCOR HOLDINGS
JSW Techno Projects Management to acquire 49% shares BRPL in OdishaA JSW spokesperson clarified that “JSW Techno rojects Management is a promoter company and the acquisition is not being done by JSW Steel.”- Tata Steel to acquire BRPL at enterprise value of Rs 900 croreThe deal will be financed through the flagship’s internal cash flows, according to a statement, and help Tata Steel ramp up its new 3 mt st...
- Tata Steel to acquire 100% equity in Brahmani River PelletsThe company said it had signed definitive agreement with Aryan Mining and Trading Corporation (AMTC) and other companies in the Moorgate In...
- Mesco plans Rs 13,500 crore investment to raise capacity in 3-5 yearsPrivate steelmaker Mesco plans to take its capacity to 4.5 million tonnes (MT) in the next 3-5 years with an investment of Rs 13,500 crore.
- Aditya Birla Group plans to acquire Stemcor’s India assetsThere is no guarantee that these discussions will result in a definitive transaction, according to the people cited earlier.
- Going head-to-head for first time, JSW Steel and JSPL may bid for Stemcor's India assetsJSW Steel and Jindal Steel & Power Limited are expected to submit final offers on January 20, the last date for accepting bids.
- Stemcor extends time for Indian assets sale by about a monthStemcor Holdings has extended the deadline for selling its Indian assets by about a month as it has secured time till February-end from its...
- JSW Steel may team-up with Noble Group for Stemcor dealSources with direct knowledge suggest that Sajjan Jindal’s JSW Steel may form an alliance with Hong Kong-based trading giant Noble Group to...
- Calcutta HC restrains Stemcor from selling India assetsStemcor was in the process of selling an iron ore mine and a pellet plant in Odisha as part of a bid to pare debt of $1.2 billion.
- Stemcor sets September 10 as deadline to put bids for Indian assetsProspective suitors, including the likes of Tata Steel and JSW Steel, eyeing UK-based Stemcor Holdings' Indian assets worth $ 800 million.
- Eight stocks in focus in Thursday morning tradeIndian markets are likely to trade in a range with a negative bias. Here is a list of eight stocks which are likely to remain in focus in m...
- Stemcor Holdings up for sale, Indian firms like Tata Steel, Jindal Group top contendersStemcor Holdings has a deadline of early December this year to conclude the deal process and pay back the debt of $900 mn to it’s lenders.
- Mines minister says Stemcor violated rules to buy mining rights; co rubbishes chargeState govt of Odisha has raised the red flag over the proposed sale of the Indian mining and steel-manufacturing operations of Stemcor Hold...
- JSPL leads race to acquire Indian assets of StemcorThe two have also entered into an “exclusivity” arrangement recently for bilateral negotiations that will allow JSPL to conduct a detailed ...
- IIFT concludes placements with 204 offers, highest international offer of $50,000IIFT concludes placement with 204 offers and leadership roles from Cipla, Mahindra & Mahindra, RPG, Jindal Steel and Raymonds
- IIFT reports highest domestic offer at Rs 19 lakhOver 90 companies participated in the placement process in which Cognizant and HCL were among the largest recruiters.
- Heard on the street: Sathavahana Ispat in focus as UK company eyes promoter stakeShares of a Sathavahana Ispat have gained substantially amid talk that Stemcor is planning to buy promoters' 42.2% stake in the company.
- Stemcor to up stake in SathavahanaThe UK-based steel trading major Stemcor, which owns minority stakes in various Indian steel companies, is planning to increase its stake i...
- Stemcor, Ispat forms JV for Rs 900 cr coke oven plantUK-based Stemcor and domestic steel major Ispat Industries have entered into a joint venture (JV) to set up a coke oven plant at the latter...
- Stemcor looks to ramp up presence in IndiaStemcor, the world’s leading metals trading group, is in talks to double its stake in Delhi-based Mesco Steel from the current 10%.
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