8th Apr 2014 08:11
RNS Number : 3073E
Tata Steel Limited
08 April 2014
April 8, 2014
London Stock Exchange
Re: Tata Steel International (Australasia) Ltd, New Zealand
We wish to inform you that Steel & Tube Holdings of New Zealand has agreed to acquire Tata Steel International (Australasia) Ltd (TSIAL) on 14 April 2014 for a cash consideration of NZ$ 27.5 million.
TSIAL, based in New Zealand, is a distribution business supplying stainless steel, engineering steels and composite floor decks to the New Zealand and Pacific Island markets.
This is for your information.
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