India's Kalpataru Power Buys Majority Stake in Swedish Firm

Gandhinagar, Gujarat-based Kalpataru Power Transmission Limited signed a definitive agreement to acquire 85% stake in Sweden's Linjemontage i Grastorp AB for an enterprise value of $24 million. The transaction is expected to close in the first quarter of 2020. Founded in 1993, the Linjemontage i Grastorp AB specializes in power...

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