Monnet Ispat surges 3% on reports Aion-JSW may acquire co’s stressed assets – Economic Times

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Updated: Dec 13, 2017, 11.24 AM IST

Company's consolidated losses as of March amounted to Rs 2,132 crore on total revenue of Rs 1,375 crore. — Company’s consolidated losses as of March amounted to Rs 2,132 crore on total revenue of Rs 1,375 crore.

NEW DELHI: Shares of Monnet Ispat and Energy climbed nearly 4 per cent in morning deals on Wednesday after reports that a consortium of Aion Capital Partners and JSW emerged the strongest contender for acquiring the firm. Monnet Is…

Read the full article at: https://economictimes.indiatimes.com/markets/stocks/news/monnet-ispat-surges-3-on-reports-aion-jsw-may-acquire-cos-stressed-assets/articleshow/62048740.cms

Category: BankruptcyBy Insolvency Guardian December 13, 2017

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