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All eyes are on the mayoral vote in Sao Paulo where three candidates are running neck and neck, setting the stage for a second-round runoff on October 27
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Crompton to acquire Ireland's Microsol
MUMBAI — Electrical equipment maker Crompton Greaves yesterday said it will acquire Ireland-based Microsol Holdings Limited for an enterprise value of around 10.50 million euro (over Rs.570 million).
The company has concluded arrangements to acquire Microsol Holdings Ltd (MHL) together with other companies in the Microsol Group, Crompton Greaves informed the Bombay Stock Exchange (BSE).
"This acquisition will increase the company's strengths in the area of high-end engineering and sub-station automation capabilities," the company added.
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