V-Guard Industries to acquire a minority stake in Gegadyne Energy.

Synopsis

V-Guard Industries, an Indian electricals and home appliances manufacturer, agreed to acquire a minority stake in Gegadyne Energy, a battery manufacturer. Financial terms were not disclosed.

Principals

target

Gegadyne Energy

bidder

V-GUARD

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Market Context

Dealmakers

Service Providers (1)

legal advisors

Cyril Amarchand Mangaldas

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