Naveen Jindal Bids USD 1 Billion to Acquire Italian Steelmaker Acciaierie d’Italia

Naveen Jindal aims to transform the traditional blast furnaces of Acciaierie d’Italia (ADI), having an annual steel production capacity of around 10 million tonnes, into energy-efficient electric arc furnaces, aligning with modern environmental standards. Feb 10, 2025 Chairman and promoter of Jindal Steel and Power Limited (JSPL), Mr. Naveen Jindal, has submitted a bid of […]
Fortress Investment Acquires Infra Pipe Solutions

Fortress Investment Group has acquired major equity in Infra Pipe Solution. This new investment in IPS will increase the company’s ability to meet the increased demand and better serve our customers. Nov 25, 2024 Fortress Investment Group has acquired Infra Pipe Solution, a leading manufacturer of small to large diameter high density polyethylene (HDPE) pipes […]