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Lenders side with Mauritian fund over ArcelorMittal for Essar Group's EPC Constructions

Updated : January 11, 2019 01:49 PM IST

Up to 73 percent of the lenders voted in favour of the resolution plan by Royale Partners.
Royale Partners, owned by Dubai- headquartered RPMG Investment, offered Rs 420 crore as upfront cash payment to the lenders.
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