JSW Steel may pick majority stake in Teck Coal unit – ET Infra
JSW Steel Ltd. is looking to form a consortium to bid for a majority stake in Teck Resources Ltd.’s steelmaking coal business, people with knowledge of the matter said, potentially rivalling an $8 billion offer from commodities giant Glencore Plc. Mumbai-based JSW is seeking partners for an offer to acquire a 75 per cent interest […]
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