NEW DELHI: HavellsBSE -0.34 % India, a maker of lighting and electrical products, may divest its majority stake in European lighting systems and fixtures company Sylvania, which it acquired in 2007 and became a global player, two people familiar with the negotiations told ET. The £443-million company, now known as Havells Sylvania, is among the top four lighting brands in Europe and Latin America. Concord, Lumiance and Sylvania are some of its leading brands. “The company is .. Read more at: http://economictimes.indiatimes.com/articleshow/50099612.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Source: Economic TimesHavells to dilute majority stake in Sylvania to focus on domestic market
Industry: Electrical 2015-12-09
