V: Guard: Acquisition to unlock synergies

Consumer electrical and electronics major V-Guard Industries (V-Guard) is all set to acquire 100% stake in Sunflame for `660 crore on a cashfree, debt-free basis. Sunflame’s portfolio includes cooktops, chimneys, cookers, mixer grinder and small kitchen appliances. Of this, `25 crore will be paid after two years from transaction closure. The deal is likely to […]

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