JSW Steel’s subsidiary company -- JSW Steel Italy S.r.l has completed the acquisition of 30.73% equity share capital of GSI Lucchini S.p.A (GSI). Earlier, the company and Industrial Development Corporation, South Africa had entered into Share Purchase agreement (SPA) for acquisition of stake in GSI for a cash consideration of Euro 1 million.
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.
