Dixon to acquire majority stake of Ismartu India
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ismartu india: Dixon to acquire majority stake of Ismartu India
Dixon Technologies, a leading contract manufacturer in India, is set to acquire a majority stake in Ismartu India, a leading electronics and mobile device manufacturing firm. The company has entered into a share purchase agreement to acquire a 50.10% stake in the first tranche from Ismartu Singapore, Transsion Technology Ltd, and 5A advisors LLP. The acquisition is in line with Dixon Technologies' strategy to grow in the business segment and achieve strategic goals.
Source: indiatimes.com