09
Aug
13:20
Bajaj to buy Shahs out of Mukand Steel
The Bajaj family has decided to buy the Shah family’s stake in manufacturing joint venture Mukand. Various Bajaj family holding companies, group entities, trusts, and individuals own a majority stake of 58% in the company.
There will be no tender offer for the acquisition of shares since it is a transfer between promoters, says the company. The transaction is expected to take place as early as next Monday. At current market prices, the Bajaj family is expect…
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Anonymous
Very good overview of the weekly steel market.
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