Tribunal Approves ArcelorMittal\'s Rs 42\,000-Crore Bid For Essar Steel

Tribunal Approves ArcelorMittal's Rs 42,000-Crore Bid For Essar Steel

The NCLT had approved the resolution plan on March 8 but the matter went to the appellate tribunal, following an appeal filed by Essar's promoters

Corporates | | Updated: March 18, 2019 20:02 IST
Tribunal Approves ArcelorMittal's Rs 42,000-Crore Bid For Essar Steel

According to a resolution plan proposed by ArcelorMittal, financial creditors will get Rs 41,987 crore