Vedanta May Rope In JSW To Make Last Ditch Bid For Essar Steel

摘要

All the hearings in Essar Steel insolvency case get over on February 19, but there may still be a final twist in the long winded auction race. Sources told a popular business website that the Anil Agarwal-led Vedanta may make another attempt at buying Essar Steel. But this time, it won't be alone but may partner Sajjan Jindal's JSW Steel. "The two companies may come together and put in a joint bid of about Rs 47,000 crore,"said an industry executive. " But a final call is yet to be taken".