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CCI approves the proposed acquisition of Thyssenkrupp Electrical Steel India Private Limited by Jsquare Electrical Steel Nashik Private Limited
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....CI approves the proposed acquisition of Thyssenkrupp Electrical Steel India Private Limited by Jsquare Electrical Steel Nashik Private Limited <br>News and Press Release<br>Dated:- 11-12-2024<br><BR>T....
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....he Competition Commission of India approved the proposed acquisition of Thyssenkrupp Electrical Steel India Private Limited by Jsquare Electrical Steel Nashik Private Limited. The proposed combination....
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.... envisages inter alia the acquisition of 100% share capital of thyssenkrupp Electrical Steel India Private Limited (Thyssenkrupp India) by Jsquare Electrical Steel Nashik Private Limited (Jsquare). J....
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....square, a newly incorporated company, is a wholly owned subsidiary of JSW JFE Electrical Steel Private Limited (J2ES). J2ES, incorporated in 2023, is a 50:50 joint venture between JSW Steel Limited (J....
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....SW Steel) and JFE Steel Corporation (JFE Steel). J2ES currently does not have any commercial operations. However, it is expected to commence manufacturing and sale of grain-oriented electrical steel (....
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....GOES) in India from 2027 onwards. The JSW Group is engaged in sectors, such as steel, energy, infrastructure, automotive, defense, realty, and cement. JFE Group is engaged in business centered around ....
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....the production of steel. Thyssenkrupp India is engaged in the business of manufacturing and sale of GOES. Detailed order of the Commission will follow.<BR> News - Press release - PIB....