MergerLinks - JSW Steel to acquire Asian Colour Coated Ispat for INR15bn.

.

New Deal

New Deal

Announced

7 May 2019

JSW Steel to acquire Asian Colour Coated Ispat for INR15bn.

Financials

Transaction Value£164m

Consideration Type-

Capital Owned-

Capital Bid For100%

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

Jsw Steel

bidder

Jsw Steel

Asian Colour Coated Ispat

target

Asian Colour Coated Ispat

Sources

Tags

Iron and Steel

Pending

Private

India

Acquisition

metal and iron products

Synopsis

JSW Steel, one of India's leading integrated steel manufacturers, offered to acquire Asian Colour Coated Ispat, which manufactures metal and iron products, from the firm's lenders for INR15bn.

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