India: Balasore Alloys to acquire 70% of Zimbabwe Alloys for over $90m

Industrialist Pramod Mittal-led Balasore Alloys Ltd (BAL) has entered into an agreement to acquire 70 per cent shares of Zimbabwe Alloys Ltd (ZAL) for a little over $90 million, it said in a filing to the Bombay Stock Exchange on Wednesday.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe