Tata Steel’s step-down subsidiary NatSteel Holdings Pte Ltd (NSH) has executed definitive agreements with Vietnam-based Thai Hung Trading Joint Stock Company to divest its entire equity stake of 56.5% in NatSteel Vina Co Ltd (NSV). The deal size was Singapore $ 7 million, roughly Rs 36 crore, for 56.5% held by NSH in NSV.
Tata Steel subsidiary to sell entire stake in Southeast Asian firm
Date posted: Friday 8 November 2019