After over three years of bankruptcy, Bhushan Power and Steel now stands closer to resolution with lenders okaying JSW Steel’s $2.7 billion (Rs 19,350 crore) bid for the debt-laden firm. On the last day of voting on Thursday, over 95% of the creditors voted in favour of the Sajjan Jindal-owned firm’s ......
Lenders clear JSW Steel bid for bankrupt Bhushan Power
By Beena Parmar
- 05 Mar 2021