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BRIEF-Tata Chemicals in advanced discussion with Indorama Holdings BV
September 13, 2017 / 2:31 PM / 7 days ago

BRIEF-Tata Chemicals in advanced discussion with Indorama Holdings BV

Sept 13 (Reuters) - Tata Chemicals Ltd

* Says is in advanced stages of discussions and negotiations with Indorama Holdings BV, Netherlands

* Tata Chemicals -discussions for potential sale of phosphatic fertiliser business at Haldia and trading business comprising of bulk and non-bulk fertilisers

* Says ‍parties have a mutually agreed exclusivity agreement which expires on 31st October, 2017​

* Says company is expected to receive consideration in range of INR 4 billion to INR 5 billion Source text (bit.ly/2x13EBy) Further company coverage:

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