Advent and Temasek Want Control Over Crompton Greaves Consumer Electricals

Posted on 05/13/2016


Singapore’s Temasek Holdings and private equity firm Advent International formed a bid to acquire a 26% stake in Crompton Greaves Consumer Electricals for Rs 1,694.72 crore. The open offer seeks to acquire 162,953,997 equity shares in the company. Investors seek to acquire the shares through their subsidiaries. For Advent, the unit is called Amalfiaco. For […]