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Craftsman Automation, India approves of Sunbeam Lightweighting Solutions acquisition
On August 5, Craftsman Automation Limited announced that its board of directors was authorized to enter into a securities subscription and purchase agreement (SSPA) with Sunbeam and Kedaara Capital Fund II LLP (Kedaara) to acquire 100% of Sunbeam. It will be investing a total of INR 376 million for the acquisition. T....
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