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Wipro enters into agreement to sell its EcoEnergy division

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Capital Market

For USD 70 million

Wipro announced that it has signed an agreement to sell its EcoEnergy division to Chubb Alba Control Systems, an indirect subsidiary of United Technologies Corporation for a consideration of USD 70 million. The sale is expected to close in early 2017.

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First Published: Dec 01 2016 | 9:23 AM IST

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