Odisha Slurry lenders pick ArcelorMittal bid
Odisha Slurry owes financial creditors Rs 3,300 crore, of which Rs 2,350 crore is the principal amount.
MUMBAI: Lenders to Odisha Slurry Pipeline Infrastructure are favouring ArcelorMittal’s Rs 2,350-crore cash bid to take over the company over a higher but long-drawn offer from Tamil Nadu-based Thriveni Earthmovers, three people familiar with the bids said.
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