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UK PORTS ACQUISITION
Empire buys back: After Tata, Adani can rewrite India's colonial pastAdani Ports is evaluating the acquisition of a controlling stake in UK's Associated British Ports (ABP) in a deal valued at nearly $10 bill...- ET Exclusive: Adani eyes controlling stake in UK's Associated British PortsAdani Ports is weighing a bid for Associated British Ports in the UK. This acquisition would expand Gautam Adani's port empire significantl...
- The biggest prize in the India-UK FTA may not be export boostThe India-UK free trade agreement offers more than just export growth. It aims to build capabilities within Indian factories and deepen the...
- UK’s Investec initiates coverage on Adani Ports, sees up to 23% upsideUK-based Investec initiated coverage on Adani Ports with a buy rating and a target price of Rs 1,715, implying 23.5% upside from the previo...
- Tata Steel to get £500 million from UK for Port TalbotTata Steel has secured a £500 million grant from the UK government to support the transition of its Port Talbot plant to more sustainable t...
- Dutch unit sale might help Tata Steel deleverage balance sheet; analysts upbeat on the stockThe deal is expected to close in six-nine months; however the company will be able to access the value and complete the due diligence proce...
- Ratan Tata hailed as saviour of UK steel industryIn a special feature titled 'Man of Steel', the Sunday Times attributes the thousands of jobs saved in the industry largely to the sacking ...
- Ratan Tata seen as adverse to exiting UK biz, confusion reignsThe company's loss-making unit Port Talbot is saddled with a huge liability of British Pension Scheme for its 1.4 lakh employees.
- Bid rivals set to join forces for Tata Steel UK buyout: ReportThey are understood to have discussed backing Gupta's plan to convert the vast steelworks into one fed by scrap metal rather than raw iron ...
- British government to help secure a buyer for Tata Steel's UK businessGovernment also assured the workers that "all possible" ministerial, official and diplomatic influence will be exerted to secure the steel ...
- UK business sale to ease pressure on Tata Steel's operations: Moody'sTata Steel's plans to sell the UK business will help reduce pressure on the steelmaker's operating performance, Moody's Investors Service s...
- Essar Oil UK gets new long term working capital fundingEssar had in August 2011 completed the $ 350 mn acquisition of the oil refinery and other associated assets at Stanlow, near Ellesmere Port.
- Tata firm buys HewittRobins for £ 3 millionTRF, a Tata group company, has acquired UK-based HewittRobins International for £ 3 million(GBP). Post-acquisition, the company will become...
- Eredene to invest Rs 40 crore to set up CFSUK-based Eredene Capital has proposed to invest around Rs 40 crore for setting up a Container Freight Station (CFS) near the Ennore port, p...
- Tatas invest $60mn in Corus Wales plantThe Tatas have made their first significant investment in the Corus plant in South Wales, an older unit that was seen to be a bit worried a...
- Tatas make their first investment into its Corus plantThe Tatas have made their first significant investment into its Corus plant in South Wales, an older unit that was seen to be a bit worried...
- Tatas invest into its Corus plant in South WalesThe Tatas have made their first significant investment into its Corus plant in South Wales, an older unit that was seen to be a bit worried...
- Usha Martin buys Staalkabel for euro 3 mnUsha Martin (UML) has acquired the business of DE Ruiter Staalkabel BV, Netherlands, through its wholly-owned UK subsidiary, Usha Martin In...
- Macquarie consortium not to bid for Associated British PortsA consortium led by Australia’s Macquarie Bank has dropped out of the bidding for Associated British Ports Holdings.
- Goldman group to buy AB PortsA group including Goldman Sachs agreed to buy ABP, Britain’s largest ports group, for $4.6bn on Wednesday, the latest in a string of UK por...
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