CCI Approves Tata Steel's Complete Takeover of Tata BlueScope Steel

The Competition Commission of India (CCI) has approved Tata Steel Limited's proposed acquisition of sole control in Tata BlueScope Steel Pvt. Ltd. by purchasing the remaining 50% equity shareholding from BlueScope Steel Asia Holdings Pty Ltd. This acquisition will give Tata Steel full control over Tata BlueScope Steel, enhancing its position in the coated steel segment which offers a variety of products including metallic and color-coated steel solutions.

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