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  • 18/02/2020
  • Media Releases

GFG Alliance cements its entry into India with completion of Adhunik Metaliks acquisition

GFG Alliance today completed the strategic acquisition of Adhunik Metaliks Ltd (Adhunik) and Zion Steel Ltd (Zion) in a Rs -4.25 bn ($60m) cash deal. 天博体育官方网站 transaction marks the Alliance鈥檚 entry into India 鈥� one of the world鈥檚 fastest growing steel markets.