STL to Acquire Remaining Stake in Jiangsu Sterlite Tongguang Fiber Co.
Following the acquisition of the 25 percent stake, Jiangsu Sterlite Tongguang Fiber Co. will be a wholly-owned subsidiary of STL. July 7, 2022 Sterlite Technologies Ltd. (STL) has signed the definitive agreement to acquire the balance 25 percent stake in Jiangsu Sterlite Tongguang Fiber Co. Ltd. (JSTFCL). The deal is......