GFG Alliance completes acquisition of Adhunik Metaliks and Zion Steel

GFG Alliance completed the acquisition of Adhunik Metaliks Ltd and Zion Steel Ltd in a Rs 4.25 billion ($60 million) cash deal, marking its entry into the Indian steel market.

“GFG Alliance today completed the strategic acquisition of Adhunik Metaliks Ltd (Adhunik) and Zion Steel Ltd (Zion) in a Rs -4.25 bn ($60m) cash deal.”libertysteelgroup.com

• 1 source
• libertysteelgroup.comGFG Alliance cements its entry into India with completion of Adhunik Metaliks acquisition - LIBERTY Steel GrouplibertysteelgrFeb 18, 2020

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