Source URL: http://www.vccircle.com/news/commodities/2012/07/06/monnet-ispat-bidding-war-bhushan-steel-orissa-sponge-iron

Monnet Ispat in bidding war with Bhushan Steel for Orissa Sponge Iron

The bidders are interested in its iron ore and coal reserves even as the company currently commands a market cap which is 9x its revenues.


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