Japan’s JFE to acquire 50% stake in Bhushan Power &Steel
Move Seen as Part of Larger Strategy to Strengthen Balance Sheet and Forge Global Alliances Bhubaneswar: JSW Steel is reportedly in advanced discussions to divest up to 50 percent of its ownership in Bhushan Power & Steel Ltd (BPSL), with Japan’s JFE Steel emerging as the frontrunner to acquire the stake. The potential sale, if…