Canadian investor to back Sajjan Jindal's stressed steel asset acquisition
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Canadian investor to back Sajjan Jindal's stressed steel asset acquisition

By Aman Malik

  • 23 Nov 2020
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Canadian investor to back Sajjan Jindal's stressed steel asset acquisition
Credit: Thinkstock

A marquee Canadian investor is set to back JSW Group’s acquisition of a stressed steelmaker.  The Canada Pension Plan Investment Board (CPPIB) will pump in Rs 725 crore ($98 million) to back the acquisition of BMM Ispat Ltd by JSW Projects Ltd.  CPPIB will invest through CPPIB Credit Investment Inc, the Canadian ......

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