July 10, 2018
Peckar & Abramson, P.C. (P&A) is pleased to announce that Stephen P. Katz, Partner and Chair of the firm’s Corporate Law Practice Group, represented JSW Steel Ltd., one of the largest steel conglomerates in India, in JSW’s $81 million acquisition of 100% of the equity of Acero Junction Holdings Inc., the owner of the Acero Junction steel manufacturing facility located in Mingo Junction, OH.
“We are very pleased to have assisted JSW in connection with the negotiation and closing of the transaction. We believe this will present a great opportunity for JSW to expand its operations in the United States” said Mr. Katz.
Based in Mumbai, India, JSW Group is a part of O.P. Jindal Group and has played a key role in developing India’s growth.