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09/09/10
17:09
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From
http://www.telegraphindia.com/1100909/jsp/business/story_12915184.jsp
"Tata Steel holds a 24.21 per cent stake"
"NMDC plans to join hands with Tata Steel to wrest majority control of Australian firm Riversdale Mining"
"...Som (NMDC)...hinted at a 10 per cent stake acquisition...Whatever it takes to have a majority,
"Brazils Companhia Siderurgica Nacional (CSN) has a 16.29 per cent stake"
If CSN's stake is combined with Tata's and NMDC acquires a 10% shareholding they would then have majority control in Riversdale.
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