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  • Bhushan Power buys 12% in Nova Iron, says more on cards Jun 09, 2011 09:56 AM IST

    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.

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