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Nippon Steel, ArcelorMittal to buy US steel plant: Report

Nippon Steel became the world`s second-biggest steelmaker following its merger with Sumitomo last year.

Tata Motors eyes Sumitomo`s stake in Swaraj: Report

Tata Motors plans to acquire Japan`s Sumitomo Corp`s 53.5 percent stake in truck and bus maker Swaraj Mazda in a deal worth up to USD 54 million to boost its commercial vehicles business, a financial daily reported on Thursday.