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Argus acts on $169m Sumitomo JV buyout from Mukand steels

Japanese steel major Sumitomo Corporation has acquired 49 per cent stake in Mukand Sumi Special Steel, a joint venture set up in partnership with Mukand Steel, for ₹1,181 crore. Mukand Ltd will own 51 per cent equity in the joint venture company.
Hindu Business Line

Argus Partners advised Mukand Limited led by a team of partners Krishnava Dutt and Adity Chaudhury.

Deal value: INR 1181 crore

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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