Crompton Greaves to sell stake in consumer products division to Advent, Temasek

Mumbai: Avantha Group has sold its 35 per cent stake in Crompton Greaves’ consumer products division to private equity (PE) firms Advent International and Temasek for Rs 2,000 crore (US$ 314.14 million).

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Source:: http://www.ibef.org/news/crompton-greaves-to-sell-stake-in-consumer-products-division

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