Can create value in Essar Steel: L.N. Mittal

Can create value in Essar Steel: l.N. Mittal

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New Delhi: Trump Organisation Executive Vice President Donald Trump Junior, Bajaj Auto Chairman Rahul Bajaj, ArcelorMittal Chairman and CEO Lakshmi Mittal and Times Group Managing Director Vineet Jain at the 4th Global Business Summit in New Delhi on Feb 23, 2018. (Photo: Amlan Paliwal/IANS)
New Delhi, Feb 23 (IANS) World's largest steel company ArcelorMittal's Chairman and Chief Executive Officer Lakshmi N Mittal on Friday said they can create value in the debt-laden Essar Steel and also confirmed no bids were rejected yet."We have put in a very important and well-planned bid for Essar Steel and we think that we can create value in this company with our experience on a global basis."Whatever we have heard, no bids have been rejected yet. Resolution professionals are studying the bids and let their decision come out," he told reporters here.Mittal was at the North Block to meet Union Finance Minister Arun Jaitley.--IANSbdc/vd

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