TISCO acquires Singapore’s NatSteel
According to recent news in the market, Indian steel producer Tata Iron and Steel Corp (TISCO) made a deal to acquire
Singapore-based steel producer NatSteel for $286.1 million.
The acquisition of NatSteel, which has operations in
Singapore,
Malaysia,
Thailand,
China,
Philippines, Vietnam and
Australia, will enable TISCO to expand its business in Asia.