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BUZZ-India's Piramal Enterprises up; Co, Renaissance Group to buy stake in Electrosteel Steels - report
December 28, 2016 / 7:47 AM / a year ago

BUZZ-India's Piramal Enterprises up; Co, Renaissance Group to buy stake in Electrosteel Steels - report

** India’s Piramal Enterprises Ltd rises as much as 3 pct, while Electrosteel Steels Ltd gains as much as 12.5 pct

** Piramal Enterprises and Renaissance Group to jointly buy 51 pct stake in Electrosteel Steels, Financial Express newspaper reports, citing a source familiar with deal bit.ly/2iBVzxd

** Piramal Enterprises did not comment when reached out by Reuters

** Electrosteel and Renaissance Group not immediately available for comment

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