
Foseco Acquires 75% Stake in Morganite Crucible India for ₹653 Crore

Vesuvius Group's Strategic Expansion: Foseco's Acquisition of Morganite Crucible Strengthens its Indian Non-Ferrous Market Position, reflecting a broader strategy of growth and market share increase in the Indian subcontinent.

Morganite Crucible India's Promoters to Receive Foseco Shares in Stock Swap Deal, finalized after negotiations concluding in a definitive agreement; Open Offer to follow for remaining public shareholders.

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