Tata Steel Limited — JV/Acquisition, 06-08-2025: Acquisition

Tata Steel's indirect subsidiary, SIW, has completed acquiring the final 40% stake in TSN Wires Company Limited. This acquisition makes TSN Wires a 100% owned foreign subsidiary of Tata Steel. While deal value wasn't disclosed, this full ownership likely consolidates their wire operations, aiming for deeper integration and potential synergies. It's a strategic move to streamline global business and enhance control over a key asset.