M&A

M&A

Govt invites bids from IBBI-registered firms for valuing Vizag Steel's assets

PTI  

The government has invited bids from IBBI-registered firms for valuing the assets of privatisation-bound RINL or Vizag Steel. The cabinet had earlier cleared the 100% disinvestment of the government stake in Rashtriya Ispat Nigam Ltd (RINL), also called Vizag Steel Plant, along with RINL's stake in its subsidiaries/joint ventures.