19 Jun, 2013
The Leela Palace, Bengaluru
Friday, September 7, 2012 - 15:08 IST
Mahindra Ugine sells 49% of steel biz to Japan’s Mitsui, Sanyo for $39M
BY Bhawna Gupta
The deal values the steel biz at Rs 444 cr, more than twice the value of public listed Mahindra Ugine.
Mahindra Ugine Steel Company Ltd (Musco) has completed the sale of 49 per cent stake in its steel business to two Japanese firms Mitsui & Co. Ltd and Sanyo Special Steel Co. Ltd for Rs 218...
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