Manali Petrochemicals buys European manufacturer to expand its product line
The transaction was based on an Enterprise Value of GBP 21 million.
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The transaction was based on an Enterprise Value of GBP 21 million.
Manali Petrochemicals Limited, India's only integrated manufacturer of polyols and a part of AM International, Singapore, today closed the acquisition of Penn Globe Limited.
On Wednesday, the indices opened gap up and ended with gain. On the Bombay Stock Exchange (BSE), 2,058 stocks advanced,
Petrochemical player Manali Petrochemicals Ltd on Wednesday announced the acquisition of UK-based Penn Globe Ltd and its two subsidiaries for 21 million pounds.According to Manali Petrochemicals, its Board had earlier approved an additional ...
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