Essar Global to acquire Algoma Steel for $1.63 billion - Instablogs

Essar Global to acquire Algoma Steel for $1.63 billion - Instablogs

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Essar Global to acquire Algoma Steel for $1.63 billion

Balendu , Delhi: Apr 16 2007

Made Popular Apr 16 2007

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India-based Essar Global Ltd. has announced that they have agreed to acquire Canadian Algoma Steel in a cash buyout valued at $1.63 billion. The firms have said in a joint statement that they had signed an agreement in which Essar will purchase all...

Tags: Merger & Acquisition, Essar, Algoma, Business

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