02
Sep
11:18
JSPL divests first tranche of Shadeed shareholding
Jindal Steel & Power (JSPL) has sold the first tranche of shares in Jindal Shadeed representing 48.99% of the Oman-based mill’s share capital to Vulcan Steel. The latter is a subsidiary of Templar Investment Limited, the OP Jindal Group company to which JSPL agreed to sell Shadeed in July.
The remaining shareholding will be transferred in due course.
JSPL agreed in July to sell its entire stake in Shadeed to Mauritius-based Templar Investments Limited f…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous