Latest News on Vtb Group
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Vtb Group - Total results - 4
Sep 20, 2018
Competition Commission of India approves ArcelorMittal's acquisition of debt-ridden Essar SteelEarlier this month, ArcelorMittal had offered Rs 42,000 crore to acquire Essar Steel, upstaging a Rs 37,000 crore bid by Russia's VTB Group-backed Numetal.
Sep 18, 2018
Essar Steel bid: Russia's Numetal raises loan defaults by firms of Lakshmi Mittal's brothersNumetal and ArcelorMittal are locked in fierce takeover battle of Essar Steel and two are in the Supreme Court over bidding qualification.
Sep 10, 2018
Essar Steel insolvency: Second round bids put in by Numetal, ArcelorMittal and Vedanta to be opened todayThe Resolution Professional, overseeing the auction of Essar Steel to recover over Rs 49,000 crore of unpaid loans, sent emails to all the three bidders to be present on Monday
Feb 20, 2018
ArcelorMittal, Numetal bids for Essar Steel recommended for rejectionBids by ArcelorMittal and a consortium led by Russia's VTB Group for acquiring debt-laden Essar Steel are said to have been recommended for rejection by the adviser evaluating the offers, sources privy to the development said