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Essar Global to acquire Canada-based Algoma Steel
Published on Mon, Apr 16, 2007 at 09:18 , Updated at Mon, Apr 16, 2007 at 16:24
Source : Moneycontrol.com
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Essar Global will acquire Canada-based Algoma Steel for USD 1.58 billion, reports CNBC-TV18.
The acquisition has to be approved by two-thirds of Algoma's shareholders. |
Essar Global is the overseas investment arm of Essar Group. It is also the promoter of Messages on Business Talk
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