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Tata steel’s arm completes sale of entire stake in Black Ginger

19 Feb 2019 Evaluate

Tata steel’s indirect wholly owned subsidiary -- T S Global Minerals Holding has concluded the divestment of its entire stake in Black Ginger. Earlier, T S Global Minerals Holdings had entered into an agreement with IMR Asia Holding to divest its entire stake in Black Ginger (100%).

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.

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