Takeover battle at Orissa Sponge resumes

June 28, 2012   |   Posted by Bureau

 The battle to take control of Orissa Sponge, currently promoted by the Mohanty family, has revived after a gap of three years with Bhushan Steel, promoted by Brij Bhushan Singal and Neeraj Singal, once again making their open offer to acquire up to 20% additional stake at a price of Rs 360 a share. Two [...]

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