CG Power sells automation business – The Hindu

Posted: March 7, 2017 at 10:12 pm

Moneycontrol.com

CG Power sells automation business The Hindu CG Power and Industrial Solutions Ltd. (formerly Crompton Greaves Ltd.) of the Avantha Group, has announced the sale of its B2B automation business to Alfanar for an enterprise value of 120 million (more than 840 crore). The deal is effective March 6. Crompton up over 4% on close of stake sale in automation bizMoneycontrol.com CG announces sale of B2B automation business to AlfanarHindu Business Line Crompton Greaves closes automation biz sale to AlfanarDaily News & Analysis all 6 news articles »

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CG Power sells automation business - The Hindu

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