HARARE – Indian firm Balasore Alloys (Balasore) yesterday confirmed its intention to acquire a majority shareholding in leading chrome producer, Zimbabwe Alloys (Zim Alloys). Balasore, formerly Ispat Alloys, said it will acquire either by itself or through its nominees and affiliates, 70 percent shares of Zim Alloys. Zim Alloys, which is under judicial management, holds…
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