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Severfield gets option to dispose of India stake – Northern Financial Review
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Severfield gets option to dispose of India stake – Northern Financial Review
Severfield, the Thirsk, North Yorkshire-based international steel group, said on Friday it has secured the right, but not the obligation, to dispose of an interest of up to 24.9% in its Indian joint venture. Severfield announced in March that chief executive Alan Dunsmore “by mutual consent” agreed to step down after seven years as CEO and would leave Severfield with effect on June 30, 2025. The company’s shares are down about 60% for the past y…
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