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Tata Steel acquires strategic stake in Neelachal Ispat Nigam for Rs 12,100 crore

Tata Steel Long Products Limited, a unit of Tata Steel, has acquired a strategic stake in Odisha-based Neelachal Ispat Nigam Limited (NINL) for Rs 12,100 crore, the Ministry of Finance said on Monday.
Neelachal Ispat Nigam Limited Tata Steel Long Products Tata Steel Tata Steel Long Products Limited Odisha Based Neelachal Ispat Nigam Limited Ispat Nigam Limited

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Emirates News Agency - AD Ports Group agrees to acquire majority stakes in Egypt's Transmar and Transcargo International

ABU DHABI, 1st July, 2022 (WAM) -- AD Ports Group today announced that it has reached an agreement to acquire a 70 percent equity stake in International Associated Cargo Carrier B.V., which wholly owns two Egypt-based maritime companies, Transmar International Shipping Company and Transcargo International S.A.E. (TCI). The total purchase consideration (Enterprise Value) of this transaction amounts to AED514 million (US$140 million). The acquisition will be fully funded from AD Ports Group's...
Red Sea Djibouti General Ain Sokhna As Suways Sharm El Sheikh Janub Sina
Source: wam.ae

DSM Engineering Materials launches 100% bio-based Stanyl with halved carbon footprint, same high performance

DSM Engineering Materials has launched of a new, more sustainable version of its flagship product Stanyl: Stanyl B-MB (Bio-based Mass Balanced), with up to 100% bio-based content. Using the maximum possible levels of biomass-waste feedstock, it enables DSM Engineering Materials to halve the carbon footprint of this product line and,...
Advent International Bio Based Mass Balanced Engineering Materials Enterprise Value

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