Announced
Abdul Latif Jameel International DMCC to acquire a 35.8% stake in Greaves Electric Mobility for $220m.
Financials
Transaction Value£179m
Consideration TypeCash
Capital Owned-
Capital Bid For36%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Automobiles
Minority
India
Cross Border
electric vehicles
Acquisition
Private
Pending
Friendly
Single Bidder
Synopsis
Abdul Latif Jameel International DMCC, a family-owned diversified business, agreed to acquire a 35.8% stake in Greaves Electric Mobility, a manufacturer of e-two-wheelers, for $220m.
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