India Inc Goes Abroad - MAPE Advisory Group
India Inc Goes Abroad - MAPE Advisory Group
India Inc Goes Abroad - MAPE Advisory Group
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
The Deal Details<br />
Metals & Mining Sector<br />
Acquirer Target Country Date Deal Size Remarks<br />
Essar Steel 2 Steel Mills UK Sep-05 100.4 100% stake in Hy-Grade Pellets (HGPL) and Steel Corporation<br />
of Gujarat (SCGL) from Stemcor, UK<br />
Gujarat NRE Coke Bellambi & Balgownie<br />
coal mine<br />
Australia Oct-04 17.5 100% stake in Australia based NRE No. 1 colliery which holds<br />
the Bulli, Balgownie and Wongawilli seams; estimated<br />
reserves of 300.0mnt of coking coal<br />
Gujarat NRE Coke Zelos Resources NL Australia Jun-05 13.6 18.6% stake in the Australian mining company having<br />
exploration license in iron ore and other base metals like<br />
gold, copper, platinum, nickel and zinc<br />
Gujarat NRE Coke Rey Resources Ltd. Australia Oct-05 1.5 19.9% stake in Sydney based resources company<br />
Hindalco Mount Gordon copper<br />
mine<br />
Australia Jan-03 14.3 100% stake in the Australian copper mines from Western<br />
metals Ltd<br />
Hindalco Nifty Copper ops Australia Oct-05 94.0 50% stake interest in Maroochydore exploration project from<br />
Straits Resources Limited, the listed Australian mining<br />
company<br />
Jindal SAW Imphy Ugine Precision France Aug-04 Est. < 20.0 70% stake in a JV pact with Imphy Ugine Precision, one of the<br />
divisions of Arcelor <strong>Group</strong> for manufacturing of High<br />
Jindal Stainless Stainless steel Cold<br />
Rolling Plant<br />
Precision Metal Equipments<br />
Indonesia Jul-04 25.0 100% stake interest in a running 50ktpa capacity stainless<br />
steel CR plant in Indonesia from PT. Maspion Stainless Steel<br />
Indonesia on asset acquisition basis<br />
Tata Steel Natsteel Asia pte ltd SE Asia Sep-03 283.7 100% stake in the Singapore based company which owns steel<br />
mills in China, Thailand, Vietnam, Philippines and Australia,<br />
with a capacity of 2.0mntpa; 26% per cent equity in Southern<br />
Tata Steel Carborough downs coal<br />
project<br />
Steel Berhad, a 1.3mntpa steel maker in Malaysia<br />
Australia Jul-05 Est. < 5.0 5% stake interest in the Carborough Downs coal project<br />
located in Queensland<br />
Tata Steel Millennium Steel pcl Thailand Dec-05 175.0 100% stake in Thailand based company having a capacity of<br />
1.7mntpa producing long products for construction and<br />
engineering steel for auto industries<br />
26
Change language