Tag Archives: Martin’s

Tatas complete take over of Usha Martin’s steel business

Tata SpongeNSE 2.68 % has said it has completed the acquisition of Usha MartinNSE 2.84 %’s steel business undertaking including captive power plants, on Tuesday, April 09, 2019. The deal was completed “pursuant to a cash consideration of Rs 4094 crore payable to UML after adjustment for negative working capital and debt like items,” Tata Sponge said in an official… Read More »