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India

Bhushan Steel Ltd (BSSL.NS)

BSSL.NS on National Stock Exchange of India

33.55INR
22 Jun 2018
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Fri, May 18 2018

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Tata Steel completes $5.2 billion purchase of bankrupt Bhushan Steel

India's Tata Steel Ltd said on Friday it had completed the acquisition of a 72.7 percent stake in Bhushan Steel Ltd, which was in bankruptcy court over unpaid loans.

Tata Steel completes $5.2 billion purchase of bankrupt Bhushan Steel

India's Tata Steel Ltd said on Friday it had completed the acquisition of a 72.7 percent stake in Bhushan Steel Ltd , which was in bankruptcy court over unpaid loans.

Tata Steel completes $5.2 bln purchase of bankrupt Bhushan Steel

May 18 India's Tata Steel Ltd said on Friday it had completed the acquisition https://www.bseindia.com/xml-data/corpfiling/AttachLive/0e7c87d5-5b96-43fa-a678-a179bd080daa.pdf of a 72.7 percent stake in Bhushan Steel Ltd, which was in bankruptcy court over unpaid loans.

BRIEF-CCI Finds No Appreciable Adverse Effect On Competition Of Tata Steel's Proposed Acquisition Of Bhushan Steel

* COMPETITION COMMISSION OF INDIA - FINDS NO APPRECIABLE ADVERSE EFFECT ON COMPETITION IN RESPECT OF TATA STEEL'S PROPOSED ACQUISITION OF BHUSHAN STEEL Source text - https://bit.ly/2vQMjg4 Further company coverage:

Tata Steel offers $5.4 billion to take over bankrupt Bhushan Steel: source

MUMBAI Tata Steel has offered to pay a little more than 350 billion rupees ($5.4 billion) to lenders of Bhushan Steel & Power to take over the bankrupt steelmaker, a source with direct knowledge of the deal said.

Tata Steel offers $5.4 billion to take over bankrupt Bhushan Steel: source

MUMBAI Tata Steel has offered to pay a little more than 350 billion rupees ($5.4 billion) to lenders of Bhushan Steel & Power to take over the bankrupt steelmaker, a source with direct knowledge of the deal said.

Tata Steel selected as successful applicant to buy Bhushan Steel

March 23 India's Tata Steel Ltd said on Friday it had been selected as the successful resolution applicant for buying debt-laden Bhushan Steel Ltd.

BRIEF-Tata Steel Identified As Successful Resolution Applicant For Buying Bhushan Steel

* SAYS CO IDENTIFIED AS SUCCESSFUL RESOLUTION APPLICANT FOR ACQUISITION OF BHUSHAN STEEL LIMITED

BRIEF-India's Bhushan Steel Says Chairman Singal Appeared Before SFIO On March 8

* CHAIRMAN SINGAL APPEARED BEFORE SFIO ON MARCH 8 Source text - http://bit.ly/2Hgnfje Further company coverage:

MEDIA-India's Larsen & Toubro moves NCLT against Bhushan Steel - Business Standard

- Note: Reuters has not verified this story and does not vouch for its accuracy

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