--ArcelorMittal has raised its offer for India's Essar Steel India Ltd. to about 420 billion rupees ($5.8 billion), reports Bloomberg, citing unnamed sources.

--The steelmaker has offered to repay all of Essar Steel's secured debt, one of the sources told Bloomberg.

Full story: https://bloom.bg/2N3UI84

Write to Barcelona editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

September 11, 2018 01:36 ET (05:36 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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