ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received ...
Read More »India’s bankruptcy auction that wasn’t, perhaps
The jewel gathering dust in India’s bankruptcy court can have a suitor after all. The two top bidders may stay in the race for Essar Steel India Ltd.’s 10 million-tons-a-year plant, the country’s top court ruled, provided they first make banks whole. There’s the catch. For ArcelorMittal, the payment required is for two unconnected defaults. The world’s biggest steel producer ...
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