JSW Steel completes acquisition of 83% stake in Acero Junction Holdings Inc

JSW Steel has on 13 June 2018 completed the acquisition of 83% of the shares of Acero Junction Holdings Inc and the remaining 17% are in the process of transfer to the company on making balance payments as per the terms of the SPA.

After giving effect to closing adjustments, the total Enterprise Value of the transaction is USD 182.41 million, with equity value of USD 80.85 million and liabilities of USD 101.56 million

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