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Greaves Cotton, India acquires Excel Controlinkage for enhancing electronics capabilities

On February 9, Greaves Cotton, India signed a binding term sheet to acquire a 100% stake through multiple tranches in Excel Controlinkage Pvt Ltd. The deal value of Excel Controlinkage has a maximum enterprise value of INR 3.85 billion. The latest acquisition will enable Greaves to build a complementary product portf....

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