Bellari firm SMIORE to acquire Arjas for ₹3,000 crore
The Sandur Manganese & Iron Ores Limited (SMIORE) and Private Equity firm ADV Partners announced the execution of a binding agreement relating to the strategic business acquisition of Arjas Steel Private Limited (Arjas), valued at an enterprise value of ₹3,000 crore, by SMIORE, said a company statement. SMIORE is the fifth-largest iron ore miner in Karnataka…
Read More “Bellari firm SMIORE to acquire Arjas for ₹3,000 crore” »