Announcement

Sunday, April 4, 2010

Welspun eying 50pct stake in Saudi Aziz Pipe - REport

TNN reported that Welspun Gujarat is close to buying a majority stake in a Saudi Arabia based company with an annual manufacturing capacity of 300,000 tonne of pipes, primarily for the oil & gas industry.

As per report “Aziz Pipe Company, would hive off the assets into a separate

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