A Tata Steel cancela a fusão da TRF devido ao melhor desempenho dos negócios da TRF, com ambos os conselhos concordando. Tata Steel cancels TRF merger due to improved TRF business performance, with both boards agreeing.

A Tata Steel decidiu não fundir a TRF Ltd, pois a empresa associada está testemunhando uma reviravolta em seu desempenho comercial. Tata Steel has decided not to merge TRF Ltd as the associate company is witnessing a turnaround in its business performance. A grande siderúrgica havia anunciado anteriormente seu plano de fusão de nove negócios estratégicos, incluindo a TRF, como parte de sua estratégia de longo prazo e do compromisso de simplificar seu portfólio de negócios. 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. A Tata Steel concluiu o processo de fusão de cinco empresas: Tata Steel Mining Ltd, Tata Steel Long Products Ltd, S&T Mining Company Ltd, The Tinplate Company of India Ltd e 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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