Tata Steel Divests Entire Stake In NatSteel Holdings
Tata Steel Divests Entire Stake In NatSteel Holdings
Tata Steel Ltd. has sold its entire stake in NatSteel Holdings for an equity value of $172 million (Rs 1,275 crore). TS Global Holdings Pte., an indirect wholly owned subsidiary of Tata Steel, has executed definitive agreements with Toptip Holding Pte—a Singapore-based trader of iron ore and steel—to divest its entire equity stake held in NatSteel, the Indian steelmaker said in an exchange…
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