Crompton Greaves Consumer Electronics has said it is acquiring a controlling stake of up to 55% through certain promoter group members in Butterfly Gandhimathi Appliances, makers of kitchen and small domestic appliances (SDAs) under the ‘Butterfly’ brand. Together with a 26% open offer, the acquisition cost would work out to Rs 2,076 crore.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AViaZgL
via IFTTT
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AViaZgL
via IFTTT
No comments:
Post a Comment