CCI approves proposed JSW Group internal restructuring

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The Competition Commission of India has approved the internal restructuring that involves two JSW Group entities and BMM Ispat. JSW Group aims to consolidate its majority stake in BMM Ispat for full ownership. This amalgamation intends to enhance operational and financial efficiencies through economies of scale. JSW Steel will absorb BMM Ispat at an enterprise value of Rs 6,400 crore.

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CCI approves proposed JSW Group internal restructuring

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