Tata Steel annule la fusion avec TRF en raison de l'amélioration des performances commerciales de TRF, avec l'accord des deux conseils d'administration. Tata Steel cancels TRF merger due to improved TRF business performance, with both boards agreeing.

Tata Steel a décidé de ne pas fusionner TRF Ltd car la société associée connaît un redressement de ses performances commerciales. Tata Steel has decided not to merge TRF Ltd as the associate company is witnessing a turnaround in its business performance. Le major de l'acier avait annoncé plus tôt son intention de fusionner neuf activités stratégiques, dont TRF, dans le cadre de sa stratégie à long terme et de son engagement à simplifier son portefeuille d'activités. The steel major had earlier announced its plan to merge nine strategic businesses, including TRF, as part of its long term strategy and commitment to simplify its business portfolio. Tata Steel a finalisé le processus de fusion de cinq entreprises : Tata Steel Mining Ltd, Tata Steel Long Products Ltd, S&T Mining Company Ltd, The Tinplate Company of India Ltd et Tata Metaliks Ltd. Tata Steel completed the amalgamation process for five businesses: Tata Steel Mining Ltd, Tata Steel Long Products Ltd, S&T Mining Company Ltd, The Tinplate Company of India Ltd, and Tata Metaliks Ltd.

February 07, 2024

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