MergerLinks Header Logo

Announced

Murugappa Group to acquire a 56% stake in CG Power and Industrial Solutions for $95m.

Synopsis

Murugappa Group, a business conglomerate, agreed to acquire a 56% stake in CG Power and Industrial Solutions, an Indian multinational company engaged in design, manufacturing, and marketing of products related to power generation, transmission, and distribution, for $95m. The takeover follows lenders to CG Power agreeing to a one-time loan restructuring.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US