Announced

Tata Steel to acquire a 50.01% stake in Thriveni Pellets from Thriveni Earthmovers for INR6.36bn.

Synopsis

Tata Steel, a steel manufacturing company, agreed to acquire a 50.01% stake in Thriveni Pellets, an Indian iron ore pellet producer and trader, from Thriveni Earthmovers, a mine developer and operator, for INR6.36bn.

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