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Tata Chemicals Gains After Subsidiary Signs Pact to Acquire Singapore-Based Novabay
Tata Chemicals shares gained momentum after its subsidiary signed an agreement to acquire a 100% stake in Singapore-based Novabay for an undisclosed enterprise value. The acquisition is expected to strengthen Tata Chemicals’ global presence in the specialty chemicals and sustainable materials space, aligning with its long-term growth and diversification strategy.
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