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Japan's JFE to pick 15% stake in JSW for Rs 4800 cr

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  • Published On: July 27, 2010
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JSW Steel has announced it would be making a preferential allotment for a 14.99 per cent stake to Japan’s JFE Steel Corporation. JSW Steel vice-chairman and managing director Sajjan Jindal said the money acquired through the stake sale would help it reduce debt.
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