Author: Nidhi Awasthi
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India: Lloyds poised to acquire nearly 50% stake in Thriveni Pellets
Acquisition marks strategic step in further downstream integration Lloyds gains operational, geographical advantages with access to BRPL India’s Lloyds Metals and Energy Ltd (LMEL) is set to acquire a 49.99% equity stake in Thriveni Pellets Pvt Ltd (TPPL) in a significant move towards expanding its presence in the country’s iron and steel value chain. The…