Waaree Renewable Technologies to Acquire 55% Stake in Associated Power Structures
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Waaree Renewable Technologies to acquire 55% stake in Associated Power Structures
Waaree Renewable Technologies has signed agreements to acquire a 55% stake in Associated Power Structures for INR 1,225 crore. Waaree Renewable Technologies, a renewable energy EPC arm of Waaree Energies, has signed agreements to acquire a 55% stake in Associated Power Structures for INR 1,225 crore. Following the acquisition, Associated Power Structures will become a subsidiary of the company. Associated Power Structures is a power transmission…
Waaree Renewable Technologies to Acquire Majority Stake in APSPL Through ₹1,225 Crore Deal
Waaree Renewable Technologies Signs Agreements for APSPL Acquisition Waaree Renewable Technologies Limited has moved ahead with a major acquisition plan involving Associated Power Structures Private Limited (APSPL). The company has signed definitive agreements as part of a transaction that will result in Waaree acquiring a controlling stake in the business. The acquisition has been structured through a combination of share purchases from existin…
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