TOKYO -- ArcelorMittal and Japan's Nippon Steel have completed their 500 billion rupee ($7 billion) takeover of Essar Steel India after a marathon series of court battles.
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Nippon Steel and ArcelorMittal complete Indian steelmaker buyout
Long-sought takeover of Essar Steel realized after multiple court battles
ArcelorMittal and Nippon Steel have obtained a foothold in India, a country that targets big growth in steel production capacity. © Reuters
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