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ArcelorMittal, VTB-led Numetal bid for Essar Steel

Manufacturing

13 February, 2018

ArcelorMittal, VTB-led Numetal bid for Essar Steel

ArcelorMittal SA and a group led by Russia’s VTB have made separate bids for India’s Essar Steel, which is undergoing ......

Sequoia aims at $1 bn fund; ArcelorMittal out of race for PE-backed Bhushan Power

General

24 January, 2018

Sequoia aims at $1 bn fund; ArcelorMittal out of race for PE-backed Bhushan Power

Venture capital and growth stage investment firm Sequoia Capital is looking to raise $1 billion for its sixth India-focused fund, ......

Apax, Carlyle eye Royal Sundaram; Suzlon may sell stake in subsidiary to pare debt

General

16 November, 2017

Apax, Carlyle eye Royal Sundaram; Suzlon may sell stake in subsidiary to pare debt

Private equity firms Apax Partners and Carlyle Group are considering bidding for a stake in Royal Sundaram General Insurance Co. ......

Ambit Flowers may raise $1 bn; ArcelorMittal, Tata Steel eye Essar Steel assets

General

24 October, 2017

Ambit Flowers may raise $1 bn; ArcelorMittal, Tata Steel eye Essar Steel assets

Ambit Flowers ARC, an asset restructuring joint venture between Mumbai-based brokerage Ambit Holdings Pvt. Ltd and New York-headquartered private equity ......

7 bids for Tata Steel's UK business proceed to the next stage

Manufacturing

09 May, 2016

7 bids for Tata Steel's UK business proceed to the next stage

Looking to offload its loss-making UK business, Tata Steel Europe on Monday said that it has considered seven expressions of ......

Steel deals: The rusty side

Manufacturing

31 March, 2016

Steel deals: The rusty side

Tata Steel Ltd, world’s 11th largest steel producer, is in the news because of the decision to look for options ......

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