Siemens Acquires C&S Electric for ₹21 Billion, Expands to Low-Voltage Power Market
Siemens has acquired an electrical equipment manufacturer C&S Electric after receiving the Competition Commission of India's approval. The company has completed the acquisition of 99.22% equity shares of C&S Electric ...
Abu Dhabi’s Masdar Set to Acquire a Minority Stake in India’s Hero Future Energies
Masdar (or Abu Dhabi Future Energy Company) is set to acquire a minority stake in Hero Future Energies Global Ltd. (HFE UK), and Hero Future Energies Private Ltd (HFE India) according to ...
Power Finance Corporation’s Acquisition of 52% Stake in REC Approved
The Competition Commission of India has announced that it has approved Power Finance Corporation’s (PFC) acquisition of 52% stake in Rural Electrification Corporation (REC). In December 2018, the acquisition received ...