Indian Steelmakers Rise as KKR, Aion Said to Weigh Investments

  • Private equity firms mull stakes in Uttam Galva, Bhushan Steel
  • India iron, steel producers struggle under $46 billion of debt

Indian steelmakers rose Monday after people with knowledge of the matter said KKR & Co. and Aion Capital Partners are among private equity firms considering investments in the beleaguered industry.

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