NEW DELHI, June 17 (Reuters) - ArcelorMittal, the world's largest steelmaker, is eyeing a stake in Indian steel and wire producer Ramsarup Industries, the Business Standard reported on Thursday.
The newspaper cited unnamed sources in the Kolkata-based Ramsarup as saying the company was in discussion with global companies, including ArcelorMittal, for selling a strategic stake.
An ArcelorMittal official declined comment, the paper said.
For the full story, see (www.business-standard.com)
(Writing by Devidutta Tripathy; Editing by Ranjit Gangadharan)
((devidutta.tripathy@thomsonreuters.com; +91 98187 86430; Reuters Messaging: devidutta.tripathy.reuters.com@reuters.net)) Keywords: RAMSARUP ARCELORMITTAL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The newspaper cited unnamed sources in the Kolkata-based Ramsarup as saying the company was in discussion with global companies, including ArcelorMittal, for selling a strategic stake.
An ArcelorMittal official declined comment, the paper said.
For the full story, see (www.business-standard.com)
(Writing by Devidutta Tripathy; Editing by Ranjit Gangadharan)
((devidutta.tripathy@thomsonreuters.com; +91 98187 86430; Reuters Messaging: devidutta.tripathy.reuters.com@reuters.net)) Keywords: RAMSARUP ARCELORMITTAL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.