Tata Chemicals has acquired the remaining 25 per cent stake in Tata Chemicals (Soda Ash) Partners Holdings for USD million (approximately Rs 1,387.2 crore). With this acquisition, Tata Chemicals has increased its ownership in Tata Chemicals (Soda Ash) Partners to 100 per cent, the company said in statement.
“Tata Chemicals, through its wholly-owned subsidiary Valley Holdings Inc, has acquired the remaining 25 per cent partnership interest in Tata Chemicals (Soda Ash) Partners Holdings from The Andover Group, a subsidiary of Owens-Illinois Inc. for USD 195 million,” the company said.