Tag: VM Lakshminarayanan

Crompton Greaves Consumer Electricals Ltd. acquires controlling stake in Butterfly Gandhimathi Appliances Ltd

Crompton, an electrical consumer durables company in India, announced that it has signed definitive agreements on February 22, 2022 to: (a) acquire upto 55% stake in Butterfly, a company engaged in the manufacturing, marketing and distribution of kitchen and small domestic appliances (SDA), at a price of INR 1,403.00 per equity share, and (b) Trademarks…