JSW Steel has entered into an agreement with JSM International, Acero Junction Holdings and Acero Junction Inc. to acquire 100% shareholding in Acero Junction, in the US for a cash consideration of $80.85 million. — The Economic Times

The deal closed in June 2018.

Economic Laws Practice (ELP) advised JSW Steel led by a team of managing partner Suhail Nathani, partner Darshan Upadhyay and partner Shyam Pandya.

Pecker & Abrahamson was US lawyer for JSW Steel.

Ecerkt Seamans was US attorney for Acero Junction Holding Inc.

2018-03-29

Deal value: USD 80,850,000

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