Moneycontrol PRO

business

Crompton Greaves sells int'l T&D biz for EUR 115mn

Engineering firm Crompton Greaves today said it had sold its international transmission and distribution business to First Reserve International for enterprise value of 115 million euros.

first published: Mar 9, 2016 09:57 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347