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Tata Chemicals to acquire silica operation

Tata Chemicals on Wednesday said it has signed a business transfer agreement with specialty inorganic materials producer to acquire its undertaking of precipitated silica operation. "Tata Chemicals Ltd has signed a business transfer agreement to acquire their undertaking of precipitated silica operation, on a slump sale basis, for a consideration of Rs 34.20 crore," is in a regulatory filing.

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