Tag: Tata Steel Terminates Agreement to Sell SE Asia Business to HBIS

T S Global Holdings Pte. Ltd. (TSGH) has intimated sacking of divestment agreement involving 70% equity stake in two of its subsidiaries in Southeast Asia with Chinese major Hesteel Group (formerly known as HBIS Group). On 28 Jan’19 TATA Steel’s wholly owned subsidiary (WOS) TSGH had executed an agreement with the Hesteel Group intending to…