Sumitomo Corp acquires 49% stake in Mukand Alloy Steels joint venture

The Competition Commission of India approved Sumitomo Corporation's acquisition of a 49% stake in Mukand Alloy Steels Pvt Ltd, a joint venture with Mukand Ltd to manufacture hot rolled wire rods and bars.

“acquisition of 49 per cent equity shares of Mukand Alloy Steels Private Limited by Sumitomo Corporation”business-standard.com

• 2 sources
• business-standard.comCCI approves Sumitomo Corp's stake acquisition in MASPLPress Trust of IndiaJun 20, 2017
• nsenergybusiness.comSumitomo buys Amec Foster Wheeler’s CFB boiler business - NS EnergyJun 27, 2017

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