India’s Tinplate Company to clarify no plan for merger with TATA Steel

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Publish time: 28th June, 2013      Source: ChinaCCM
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Reportedly, Indian Tinplate Company announced that the company has no any further movement to merge with the parent company Tata Steel for downstream integration.

Actually, Tata Steel has indicated the company had already made an open offer last year that raised its holding in Tinplate to 73.45%.

However, there is only idea to talk and it is not submitted any related document for this case yet.