Crompton Greaves to invest in Avantha Power & Infrastructure - MarketLine Financial Deals

Crompton Greaves to invest in Avantha Power & Infrastructure

Crompton Greaves to invest in Avantha Power & Infrastructure - MarketLine Financial Deals
Crompton Greaves to invest in Avantha Power & Infrastructure
Published Mar 24, 2009
2 pages — Published Mar 24, 2009
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Abstract:

Crompton Greaves Limited, a designer and manufacturer of electrical equipment, has agreed to invest approximately INR2,270 million ($44.19 million) to acquire a 41% stake in Avantha Power & Infrastructure Limited (formerly BILT Power Limited), an operator of thermal power plants, at a price of INR11 ($0.21) per share.

  
Source:
Document ID
MA02867_090402
Country
Ticker
500093=IN
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Crompton Greaves to invest in Avantha Power & Infrastructure" Mar 24, 2009. Alacra Store. Dec 11, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Crompton-Greaves-to-invest-in-Avantha-Power-Infrastructure-2052-2746>
  
APA:
MarketLine Financial Deals. (2009). Crompton Greaves to invest in Avantha Power & Infrastructure Mar 24, 2009. New York, NY: Alacra Store. Retrieved Dec 11, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Crompton-Greaves-to-invest-in-Avantha-Power-Infrastructure-2052-2746>
  
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