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Essar signs USD 2.4 bn deal with Arcelor Mittal Nippon Steel for infra assets

Mauritius/Mumbai [India], August 26 (ANI): In one of the largest post-pandemic MA (mergers and acquisitions) deals in India, Essar on Friday announced signing definitive agreements with Arcelor Mittal Nippon Steel for certain ports and power infrastructure assets which are primarily captive to Hazira steel plant operations.According to the company, the deal also envisages a 50-50 joint venture partnership, for building a