Tag: NINL
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India: Tata Steel Long Products to acquire Neelachal Ispat
The Tata Steel Long Products placed the highest bid, at around INR 12,100 crore, for acquiring Neelachal Ispat Nigam Limited (NINL), SteelMint learnt from sources. Earlier, names like ArcelorMittal, JSW Steel and Tata Steel were heard to have been shortlisted for the acquisition. Tata Steel had earlier evinced interest in acquiring NINL through the divestment…