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Bhushan Power buys 12% in Nova Iron, says more on cards

Bhushan Power and Steel has bought 12% stake in Nova Iron and the company now intends to make an open offer for it in the long-term, chairman and managing director Sanjay Singhal confirmed. "We have paid approximately Rs 12 per share," he added.

first published: Jun 9, 2011 09:56 am

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