JSA and Argus advise on Tata Metaliks sale of Redi division to Fomento Resources

JSA and Argus advise on Tata Metaliks sale of Redi division to Fomento Resources

Tata Metaliks, part of Tata Steel, has entered into an agreement with Goa-based Fomento Resources for divestment of Redi facilities, as part of a strategic review of its portfolio. The deal size was Rs. 180 crore ($37 million) plus working capital at closing.

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