JSW Group Eyes Deal For Control Of Volkswagen’s India Unit

JSW Group, the steel-to-energy conglomerate controlled by billionaire Sajjan Jindal, is in talks that could hand it a majority stake in Volkswagen’s Indian operations, according to earlier reporting from Bloomberg, though Volkswagen said Wednesday only that the two companies are exploring a “strategic partnership” without confirming an equity transaction. A Volkswagen spokesperson said the discussions […]Original Article