Tag: Definitive Agreement
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India: Tata Steel to Acquire Usha Martin’s Steel Business
India’s steel major, Tata Steel today announced its decision to acquire of Usha Martin’s steel business for INR 4,300 – 4,700 crore and as per the latest market reports the deal is expected to be completed in 6-9 months. The company has signed a definitive agreement to acquire Usha Martin’s steel business through a ‘Slump…