Home Business Arcelor, VTB hit snag pursuing $6 billion Indian steelmaker

Arcelor, VTB hit snag pursuing $6 billion Indian steelmaker

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(G.N.S) Dt. 20 Mumbai ArcelorMittal and Russia’s state-controlled VTB Group have hit a fresh snag in their pursuit of Essar Steel India Ltd., an insolvent producer that could fetch at least $6 billion. Advisers evaluating the offers for Essar Steel are recommending that all the bids be disqualified, according to

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