Arcelor’s $5.9 Billion Purchase to Aid India Bad Loan Clean Up
ArcelorMittal CEO Lakshmi Mittal. (Photographer: Jason Alden/Bloomberg)

Arcelor’s $5.9 Billion Purchase to Aid India Bad Loan Clean Up

(Bloomberg) -- ArcelorMittal’s $5.9 billion takeover of an Indian steel mill is a shot in the arm for lenders, which have been armed with legal backing to tackle bankruptcies in a country that has ...
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