Skip to main content

MoneyWorks4Me

JSW Steel completes acquisition of Aferpi, Piombino Logistics

25 Jul 2018 Evaluate

JSW Steel through its wholly owned subsidiary in Italy, JSW Steel Italy S.r.l., has completed the acquisition of 100% shares each of Aferpi S.p.A and Piombino Logistics S.p.A and 69.27% of the shares of GSI Lucchini S.p.A on July 24, 2018.

JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.

Peers
Company Name CMP
JSW Steel 1302.20
Tata Steel 176.35
Steel Authority 165.00
Jindal Stainless 677.90
APL Apollo Tubes 2147.45
View more..