21
May
18:38
Tata Steel confirms successful majority acquisition of Bhushan
A few days after having had its resolution plan accepted by India’s National Company Law Tribunal (NCLT), Tata Steel confirmed that it has successfully completed its acquisition of a controlling stake in Bhushan Steel.
In a stock exchange posting monitored by Kallanish, the Indian-headquartered steelmaker says that it has acquired a 72.65% shareholding in the automotive steel specialist in accordance with the approved resolution plan. This was carried via …
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Anonymous
Very good overview of the weekly steel market.
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