Crompton Greaves announces sale of Canadian Power Transformer business
To PTI Holdings Corporation
Crompton Greaves announced the sale of its Canadian Power Transformer (CPT) business to PTI Holdings Corporation for an enterprise value of Canadian $20 million subject to closing condition adjustments. The transfer of the business will be effective on 27 October. The structure of the deal and its commercial terms remain subject to applicable regulatory approvals.Powered by Capital Market - Live News
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First Published: Oct 27 2015 | 3:36 PM IST