JSW’s Sajjan Jindal eyes another stressed assets target, set to buy steel firm

By Beena Parmar

  • 09 Mar 2020
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Sajjan Jindal | Credit: Reuters

Billionaire Sajjan Jindal-owned JSW Projects Ltd is close to sealing a deal for a majority stake in a distressed steelmaker, as he continues to look for opportunities to acquire debt-laden companies. JSW Projects is in advanced discussions to take over BMM Ispat Ltd from Edelweiss Asset Reconstruction Company Ltd and non-bank ......

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