Numetal Shareholders Write To Essar Steel Lenders Offering To Eliminate Ruia Connection
Prashant Ruia, director of Essar Steel. (Photographer: Scott Eells/Bloomberg News)

Numetal Shareholders Write To Essar Steel Lenders Offering To Eliminate Ruia Connection

In a bid to make it a more suitable bidder, shareholders of Numetal Mauritius, the VTB Bank-led vehicle to bid for Essar Steel Ltd., have approached lenders offering to buy out Rewant Ruia’s stake....
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