JSPL begins divestment of Oman assets

India’s Jindal Steel & Power Ltd (JSPL) has begun the sale of shares in the divestment of its Oman assets, the company said on September 2 in an announcement on the Bombay Stock Exchange.

This follows the company’s announcement on July 1 that it had accepted a binding offer from Templar Investments for its entire stake of Jindal Shadeed Iron & Steel, Oman (JSIS Oman), in a deal reportedly worth...


Carrie Bone

September 07, 2020

15:05 GMT