Havell's Netherlands BV, a Netherlands incorporated subsidiary of Havell's India, has signed an agreement with SLI Holdings Inc to acquire its lighting systems business SLI Sylvania for an aggregate price of euro 227.5 million (approx. $300 million).
According to a release issued by Havell's to the BSE today, the acquisition is expected to be financed with non-recourse debt facilities of $160 million and recourse facilities of $105 million.
Read more in Business-Standard article.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment