022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

Banner
DataBoard Demo
Mergers & Acquisitions | 1 February 2011

Korea Based Doosan Acquires AE&E's Indian Power Unit

by Charmi Gutka
Korea Based Doosan Acquires AE&E's Indian Power Unit
Share on Social Media Email Facebook Twitter Linkedin
 
@Charmi

South Korean firm Doosan Heavy Industries and Construction Company has acquired Austria-based AE&E (Austria Energy & Environment) Group's Indian unit - AE&E Chennai Works Limited for 20.5 Mn Euros (around $28.15 Mn).

With this deal Doosan gets a manufacturing base in India for power plant boilers.

In last few years, Doosan has secured orders for power plants in India and was looking for manufacturing base in India.

Transaction Reference: The Hindu Business Line


{TAG_10208_1296537427}

ValueFirst Messaging Raises Rs 70 Cr From Headland Capital, NEA

ValueFirst Messaging Raises Rs 70 Cr From Headland Capital, NEA

ValueFirst Messaging Pvt Ltd has raised Rs.70 Cr (around $15 Mn) from Headland Asian Ventures Fund 3 (HAV3) and existing investor New Enterprise Associates (NEA).The funds raised will be used for acquisitions in India ...

Read More...

Dodsal Group Sells Pizza Hut India Franchise

Dodsal Group Sells Pizza Hut India Franchise

Dubai based Dodsal group has sold the south and west India franchise operation of Pizza Hut to a consortium of investors led by Samara Capital, for a consideration of about R200 Cr

Read More...
Subscribe
Enter your Email address
to receive all the news