South Africa moves towards ₹5,400 crore takeover of Lakshmi Mittal’s struggling steel business: What’s in the deal?

Saturday, October 24, 2026 - 19:01
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South Africa moves towards  ₹5,400 crore takeover of Lakshmi Mittal’s struggling steel business: What’s in the deal?
South Africa is reportedly moving towards a ₹5,400 crore takeover of Lakshmi and Aditya Mittal’s steel business. Here is how the deal splits cash payments and debt, and what it means for the global steel giant.

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