Eveready Industries India Ltd has informed BSE that the Company has signed a Term Sheet on May 14, 2009 with C G Holding of 54-56 avenue Hoche – 75008 Paris, France for the investment by the Company both by way of equity and debt up to a maximum value of 10 Million Euro in an Overseas JV/Special Purpose Vehicle, which in turn would acquire a substantial controlling stake (minimum 80%) of the share capital of a French Company, Uniross SA, engaged in the business of manufacturing and distribution of rechargeable batteries and allied products.
Source: Bseindia.comEveready Industries – Investment in an Overseas JV/Special Purpose Vehicle Company
Industry: Other 2016-04-03