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JSW Steel receives letter of intent to buy Bhushan Power and Steel

Updated : February 14, 2019 11:28 AM IST

The company offered an upfront payment of Rs 19,300 crore to financial creditors and an additional Rs 350 crore to operational creditors, making the total to Rs 19,650 crore.
The closure of the deal is subject to the final approval by the National Company Law Tribunal.
JSW Steel receives letter of intent to buy Bhushan Power and Steel
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