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Chandhiok & Mahajan advised and represented JSW Steel Limited in securing a CCI approval for its proposed 50:50 joint venture with JFE Steel (Japan).
Chandhiok & Mahajan ’s competition team acted for JSW Steel Limited ( JSW Steel ), JSW Kalinga Steel Limited and its subsidiary JSW Sambalpur Steel Limited, and Bhushan Power and Steel Limited ( BPSL ). The transaction involves the proposed transfer of the steel business of Bhushan Power and Steel Limited to the JV entity for a cash consideration of INR 24,483 crores, with JFE Steel infusing INR 15,750 crores into the JV entity in two tranches. The transaction was previousl
Karan Singh Chandhiok
Jan 231 min read
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