Bhushan Steel Acquisition: Tata Steel Emerges As Successful Resolution Applicant

Tata Steel Ltd said on Friday that it had been selected as the successful resolution applicant for buying Bhushan Steel, Tata Steel announced in a stock market filing on Friday. Tata Steel has been declared as the successful resolution applicant by the committee of creditors of Bhushan Steel on March 22 subject to obtaining regulatory approvals, including approvals from the NCLT (National Companies Law Tribunal) and the competition c...