JSPL to sell entire stake in Oman subsidiary Jindal Shadeed for over $1 billion

Jindal Steel and Power Ltd (JSPL) accepted a binding offer from Templar Investments Limited to divest its entire stake in its Oman asset Jindal Shadeed Iron and Steel Co LLC for an enterprise value of over $1 billion.

“JSPL, in a statement, said its subsidiary 'Jindal Steel and Power (Mauritius) Ltd (JSPML) has accepted a binding offer from Templar Investments Limited to divest its entire stake in its Oman asset Jindal Shadeed Iron and Steel Co LLC (JSIS Oman)'.”moneycontrol.com

• 1 source
• moneycontrol.comJSPL to sell stake in Oman subsidiary for over $1 billion- Moneycontrol.comPTIJun 30, 2020

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