.JSW Steel to acquire JSW Praxair Oxygen
JSW Steel has agreed to buy out Praxair India’s entire 74 per cent stake in their joint venture JSW Praxair Oxygen for Rs 240 crore. “The said acquisition is strategic in nature as it will provide the company will benefit of backward integration of this critical input,” JSW Steel said in a statement.JSW Steel reported a net profit of Rs 1,109 crore for the quarter ended June
Tags : ALLIED