Tata Steel Is Said to Seek Loan for Bhushan Steel Asset Purchase
A worker uses a cutting torch at a workshop in a steel and iron market area. (Photographer: Prashanth Vishwanathan/Bloomberg)

Tata Steel Is Said to Seek Loan for Bhushan Steel Asset Purchase

(Bloomberg) -- Tata Steel Ltd. is preparing a 115 billion rupee ($1.7 billion) loan to help fund its purchase of assets from Bhushan Steel Ltd., people familiar with the matter said.
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