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JSW Steel Calls Reports on Liberty U.K. Interest ‘Speculative’

JSW Steel has called media reports saying that it was weighing a bid for Liberty Steel’s assets in U.K. “misleading”.

JSW Steel Calls Reports on Liberty U.K. Interest ‘Speculative’
Traffic passes beneath signage on the exterior of the JSW Steel Ltd. manufacturing facility in Dolvi, Maharashtra. (Photographer: Dhiraj Singh/Bloomberg)

India’s JSW Steel has called media reports saying that it was weighing a bid for Liberty Steel’s assets in the U.K. “speculative” and “misleading.”

“We have made and will continue to make disclosures in compliance with our obligations under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 and our agreements with the stock exchanges,” the company said in a statement Sunday.

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