As part of its strategic plan to exit non-core markets and focus more on the fast-growing home market, the domestic steel giant Monday signed an agreement to sell 70 per cent stake each in its two Southeast Asian arms to the HBIS Group of China for around USD 480 million.Stake sale in SE Asia biz will improve Tata Steel#39;s leverage profile: Fitch Ratings
As part of its strategic plan to exit non-core markets and focus more on the fast-growing home market, the domestic steel giant Monday signed an agreement to sell 70 per cent stake each in its two Southeast Asian arms to the HBIS Group of China for around USD 480 million.
Subscribe to:
Post Comments (Atom)
-
The company did not export units last month while it had dispatched 804 Etios units in in June 2019.
-
The BRLLR linked to RBI Repo Rate is revised downwards in line with the reduction on Reserve Bank of India Repo Rate from 5.15 percent to 4...
-
Google has tried for years to get Samsung, the world#39;s leading mobile device maker by units sold, to drop its own services and give grea...
No comments:
Post a Comment