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JSW acquires equity shares held by WEL in WMSL

JSW acquires equity shares held by WEL in WMSL

Aug 19, 2014, at 03:36 am

Mumbai, Aug 18 (IBNS): JSW Steel Limited has entered into a definitive agreement with WEL, pursuant to which the company shall acquire the entire equity shares held by WEL in WMSL for an enterprise value of Rs 1000 crores plus net current assets as of an agreed date of Aug 31, 2014, subject to the relevant regulatory approvals and customary closing conditions.

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JSW acquires equity shares held by WEL in WMSL Mon, Aug 18 2014