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Tata Steel completes acquisition of itemized assets from Stork

27 Jul 2022 Evaluate

Tata Steel has completed the acquisition of itemized assets to produce ferro alloys from Stork Ferro and Mineral Industries (Stork) on July 26, 2022 and the appropriate consideration has been paid. Post-closing adjustment and activities shall be completed in due course. 

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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