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Wednesday, December 22, 2010. Ispat Industries shares jump on JSW Steels open offer. Shareholders reposed faith in the company after JSW announced attractive open offer price. Shares of Ispat Industries Ltd bounced back smartly on Wednesday and closed 11 per cent higher, after the Sajjan Jindal-led JSW Steel Ltd made an open offer to buy a further 20 per cent stake in the firm. The open offer was made at price, higher than the per share deal price announced on Tuesday. The deal will help in timely execu.
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News on Wire

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Wednesday, December 22, 2010. Ispat Industries shares jump on JSW Steels open offer. Shareholders reposed faith in the company after JSW announced attractive open offer price. Shares of Ispat Industries Ltd bounced back smartly on Wednesday and closed 11 per cent higher, after the Sajjan Jindal-led JSW Steel Ltd made an open offer to buy a further 20 per cent stake in the firm. The open offer was made at price, higher than the per share deal price announced on Tuesday. The deal will help in timely execu.

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This web page newsonwire.blogspot.com states the following, "Wednesday, December 22, 2010." We saw that the webpage said " Ispat Industries shares jump on JSW Steels open offer." It also said " Shareholders reposed faith in the company after JSW announced attractive open offer price. Shares of Ispat Industries Ltd bounced back smartly on Wednesday and closed 11 per cent higher, after the Sajjan Jindal-led JSW Steel Ltd made an open offer to buy a further 20 per cent stake in the firm. The open offer was made at price, higher than the per share deal price announced on Tuesday. The deal will help in timely execu."

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