Jindal Group in talks to acquire Czech-based Vitkovice Steel for 150 mn euros

Homegrown Jindal Group is in talks to acquire 100% stake in Czech-based Vitkovice Steel via Jindal Steel International. This will mark their first European acquisition, expected to conclude by fiscal year-end, valued at approximately 150 million euros. The group aims to strengthen its European presence and address CBAM regulations.
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