MoneyWorks4Me

McNally Bharat’s arm offloads its entire shareholding in Hayward Tyler Group

29 Jan 2014 Evaluate

McNally Bharat Engineering Company's 100% subsidiary in Singapore, MBE Mineral Technologies, has sold its entire shareholding of 41.66% in Hayward Tyler Group UK, in a bidding process at AIM counter of London Stock Exchange (LSE) at a total value of GBP 12.3 million.

McNally Bharat Engineering Company is one of the leading engineering companies. It provides turnkey solutions in areas of power, steel, alumina, material handling, mineral beneficiation, coal washing, ash handling and disposal, port cranes, civic and industrial water supply etc.

Peers
Company Name CMP
Larsen & Toubro 3870.95
Kalpataru Projects 1400.50
NCC 133.90
Rail Vikas Nigam 207.60
KEC International 396.00
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