Radar > 222625

Tata Steel decided to put a 35% stake in Benga up for sale

A Tata Steel deciciu pôr a venda 35% de participação da mina de Benga

Intel ID : 222625
Synopsis

India-based Tata Steel, held by Tata Group, decided to place a 35% stake in Benga for sale, a mining project in Benga (Tete, Mozambique). Tata Steel is engaged in iron processing.

According to the company's general manager for India and Southeast Asia, Tata Steel decided to sell after terminating new investments in this mine.
(content in portuguese)

A companhia indiana, pertencente ao Tata Group, Tata Steel dedicada a atuar no segmento do processamento industrial do ferro, anunciou que tem planejado alienar uma participação de 35% do seu projeto moçambicano na mina de Benga, na província de Tete.

Segundo o diretor-geral da companhia na Índia e Sudeste Asiático, a Tata Steel decidiu tomar a decisão da venda após pôr termo a novos investimentos pela sua parte nessa mina.

Target

Seller


Intel ID 222625
Value ND
Native Currency Euro (EUR)
Date
Country
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Natural Resources / Mining (Primary)
Country
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Industry / Steel, Metallurgy and Industrial Production (Primary)
Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.