TATA STEEL - DEAL DETAILS!!
THE DEAL NOT COMING THROUGH SEEMS TO AFFECT THE PERFORMANCE MUCH. SEE THE STATEMENT GIVEN:
"THE JOINT VENTURE WOULD HAVE HAD ANNUAL REVENUES OF 17 BILLION EUROS AND PRODUCE 21 MILLION TONNES OF STEEL".
IT IS BETTER TO GET OFF OR HOLD FOR LONG TERM ONLY.
LET THE PICTURE BE CLEAR.
"THE JOINT VENTURE WOULD HAVE HAD ANNUAL REVENUES OF 17 BILLION EUROS AND PRODUCE 21 MILLION TONNES OF STEEL".
IT IS BETTER TO GET OFF OR HOLD FOR LONG TERM ONLY.
LET THE PICTURE BE CLEAR.
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