Tata Steel to sell two units in South East Asia: Report

Tata Steel is reportedly selling two of its units in South East Asia – NatSteel Holdings and Tata Steel Thailand which would be valued at $500 million. The company has received interest for the two units from many players, including private companies. These units will be sold together.

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.