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Tata Steel Invests $140 Mln In T Steel Holdings
Source: Nasdaq
M&A & RestructuringCompany FundamentalsCapital Returns (Dividends / Buybacks)Company Fundamentals
Tata Steel said it bought 1.62 billion equity shares of its wholly owned subsidiary T Steel Holdings Pte. Ltd. for $140 million (1,340.16 crore rupees). The transaction is a notable internal restructuring/capital reallocation but unlikely to be broadly market-moving.
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