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Tata's Tactical Triumph & Treasury's Turn
Tata Steel has announced the acquisition of the remaining 50% stake in Tata BlueScope Steel, making it a wholly-owned subsidiary. The deal, valued at ₹1,100 crore, is part of Tata Steel's strategy to strengthen its downstream, value-added product portfolio. The acquisition is pending regulatory approvals and is expected to close within three to four months.
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