Sona BLW in talks with Escorts Kubota for acquisition of its railway biz, reports CNBC-TV18
Auto components maker Sona BLW Precision Forgings is in talks to acquire the rail engineering business of Escorts Kubota, a report from CNBC-TV18 stated. To fund the acquisition, Sona BLW is soon looking to launch a Rs 2,000 crore Qualified Institutional Placement, the report added. Escorts’ talks with Knorr-Bremse likely to have fallen through on valuation, Sona BLW in talks with Escorts Kubota for acquisition of its railway biz, reports CNBC-TV18
Auto components maker Sona BLW Precision Forgings is in talks to acquire the rail engineering business of Escorts Kubota, a report from CNBC-TV18 stated. To fund the acquisition, Sona BLW is soon looking to launch a Rs 2,000 crore Qualified Institutional Placement, the report added. Escorts’ talks with Knorr-Bremse likely to have fallen through on valuation, #commodity #StockMarket #Financial FinancialNews https://earnfree.in/ipo-news-4-september/ Sona BLW in talks with Escorts Kubota for acquisition of its railway biz, reports CNBC-TV18
Auto components maker Sona BLW Precision Forgings is in talks to acquire the rail engineering business of Escorts Kubota, a report from CNBC-TV18 stated. To fund the acquisition, Sona BLW is soon looking to launch a Rs 2,000 crore Qualified Institutional Placement, the report added. Escorts’ talks with Knorr-Bremse likely to have fallen through on valuation, Sona BLW in talks with Escorts Kubota for acquisition of its railway biz, reports CNBC-TV18
Auto components maker Sona BLW Precision Forgings is in talks to acquire the rail engineering business of Escorts Kubota, a report from CNBC-TV18 stated. To fund the acquisition, Sona BLW is soon looking to launch a Rs 2,000 crore Qualified Institutional Placement, the report added. Escorts’ talks with Knorr-Bremse likely to have fallen through on valuation, #commodity #StockMarket #Financial FinancialNews https://ift.tt/HMd3Pow