acquisition
Siemens announces slump sale of LV motor division
- May 19, 2023
Siemens Ltd has announced that its board has approved the sale and transfer of the company’s low-voltage motors business. In a release, Siemens said that its board, in a meeting held on May 19, 2023, approved the sale and Read more
Hindustan Platinum acquires ABB’s Humacao manufacturing plant
- Jun 18, 2019
Hindustan Platinum, a refiner and manufacturer of precious metal products, has announced the asset purchase of ABB’s Humacao electrical contacts manufacturing plant in Puerto Rico, hence strengthening its international footprint. The deal is expected to close in August Read more
Adani completes acquisition of RInfra’s power business
- Aug 30, 2018
Adani Transmission Ltd, part of the Adani Group, announced that it has acquired Reliance Infrastructure’s integrated business of generation, transmission and retail electricity distribution. The deal is worth Rs.18,800 crore, and was in the making since December 2017. The Read more