Sembcorp Set to Acquire Remaining 6% Stake in its Indian Subsidiary

After the acquisition, Sembcorp will become the sole owner of SEIL

December 10, 2019

/ Rakesh Ranjan
/ Finance and M&A, Solar
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Singapore-based renewable company Sembcorp Industries (Sembcorp) has announced that it will acquire the remaining 5.95% stake in its Indian arm, Sembcorp Energy Ltd. (SEIL) for ₹4,060 million ($56.9 million).

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Rakesh Ranjan

More articles from Rakesh Ranjan.
Gayatri Energy VenturesSECISEILSembcorp Industriessolar power
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